The model portfolios

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Hi Dan,
I read your today’s e-mail and also checked your recently completed model portfolios. I am a little bit confused. Most of the stocks you list in the model portfolios you describe as excessively priced, as if you are suggesting donot buy at current prices and wait for a market correction (you don’t say that but obe may interpret as such). Some of the stocks you mention, I already bought and of course I’m not planning to sell. But for those that I dodn’t have a chance to buy yet, should I hold on for a market correction?

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Asked on May 2, 2021 6:27 pm
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Thanks Dan.

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Posted by Mustapha Basso
Answered on May 3, 2021 8:29 am
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Yeah, we certainly do not think those stocks are 'excessively priced' by any stretch of the means. All have really good growth prospects and I'd have no problems picking up any of these at today's prices.

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Posted by Mathieu Litalien
Answered on May 3, 2021 5:22 am
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OK
One example:
AGI.TO may be excessively priced or has questionable fundamentals etc... (from early stage aggressive).
Another example:
BEP.UN.TO may be excessively priced or has questionable fundamentals etc... (same portfolio).
BYD.TO may be execessively priced etc... (same portfolio).
GSY.TO same description.
Another: SIS.TO same description. I bought this one and not planning to sell.
Another: KL.TO same description. I bought this and not planning to sell.
Another LSPD same description. Also bought this one and not planning to sell.
and on and on...

So far, I only found MFC.TO which you described as attractively priced which I am happy I already bought and perhaps I should buy some more since it's been going down in price the last werk.

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Posted by Mustapha Basso
Answered on May 2, 2021 7:19 pm
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Hey there. I'm not sure where you're seeing that we think the stocks are overpriced? Let me know where you're getting this from and I'll do some digging.

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Posted by Dan Kent
Answered on May 2, 2021 6:59 pm