Portfolio allocations, splits, etc

Dan/Mat, leaned into your system heavily on your Cdn bull list stocks, merged with some investments I’ve had before, about a year ago. In prep for new US and Cdn Foundational stocks list, monthly bull additions, combined with expectations for rates/inflation for 2022 (all with 5 yr + time of course), looking for your comments on the sector splits and stock-type allocations in attached snapshot. In particular, wondering if any of the numbers would make you particularly uncomfortable (my risk appetite is generally high as you can tell), and/or if any of them are something you’d suggest adjusting going forward. I understand it is considerably busy for you at this time, but would really appreciate any comments/ thoughts, recommendations, etc., that the % allocations might illicit from both of you (as time permits). Likely approaching a pivot/re-balancing for start of 2022 (hopefully not a 2020 part 2), towards Foundational and Div/Value. Many thanks in advance.

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Asked on January 4, 2022 3:08 pm

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Fantastic, very much appreciated and on the spot for the answer-type I was seeking, so thanks for that. Very helpful as a gut-check for me Mat, I have a decent bit tied in here (north of 330k +/-), so thanks again! Looking forward to the new foundation lists (especially the US one now) and I will, as you offer, be re-balancing via new acquisitions and/or top ups of the core. I don't plan any selling, except perhaps a couple of the metals when the timing strikes...metals was kind of my previous thing before finding you folks at Stocktrades - but it really is timing there, quite countered to the Stocktrades non-timed, 5 yr + approach :) (which I subscribe to btw). Good luck in 2022 to you and Dan (and everyone at Stocktrades)!

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Posted by David Snow

Answered on January 5, 2022 10:45 am

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Hi there,

It is very difficult for us to comment on individual protfolio makeup as everyone is so different. That being said, i'll give you my opinion/comments base on what you've provided.

- Prsonally -i'd be looking to increase my exposure outside of Canada. Not saying that you need to mirror this, but i'm at a around 60 (CAN)/40 split. I think home bias is inherently more risky and is worth diversifying.
- 30% growth is quite respectable - inline with where i am at right now.
- sector allocations seem fine - nothing really jumps out at me. In our current environment, financials, energy and reits are poised to do well. That can certainly turn on a dime though.
- 10% on crytpo is high but honestly it may work our very well. I am slowly building my crypto class with the acknowledgment it can all come crashing down. If it does 10% will hurt, but it is a risk I am willing to take at this point.
- No issues with any of the individual positions. No idea about Umicore, Aptiv PLC or haven't looked into Mason Graphite but outside of that - i either own or would be comfortable owning any of those myself. Your largest position is slightly over 5% and is CSU so no issue there either.

Overall - i think you have a really good portfolio here. Just remember, you can approach rebalancing in many different ways. You can simply direct new funds to balance over time or undergo an actual rebalance event where you actively buy/sell positions to get to your desired allocation. Either way works.

Hope my thoughts/comments help! I think you are certainly on the right track

Mat

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Posted by Mathieu Litalien

Answered on January 5, 2022 9:52 am

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