How much are you down this year?
- Thread starter stinkynuts
- Start date
I have some, but there are still a few things that make me uneasy about it.
My Suncor is up 10+% in the last week.
Love it when the middle-east trouble makes oil go up
Love it when the middle-east trouble makes oil go up
I've got about 15% of my RRSP holdings in oil and mineral based. I may look at upping that to 25%. Overall portfolio is still down about 7% YTD.
I made a mistake here I was looking at my Jan 31, 2025 value as the basis for the 7% decline. I should have been looking at Dec 31, 2024. According to my June 30 statement my portfolio is actually up 0.95% YTD. I saw a 2.4% gain in the month. I've increased my holdings of oil based securities from 16% to 24%. Gold ETF's are about 7% of the portfolio book value I may increase that to 11%. Cash and money market instruments of 15%. The other 54% in a range of mid cap ETF's. I'm going to talk to my adviser about reducing that exposure if he sees the same volatility in the 4th quarter that I do.
Now would probably be the best time to start allocating more to stocks. Trade war drama is gone, Fed will finally start cutting rates, and global liquidity is surging. Between now and early next year, stocks should do well.
YTD I am up 14%. RCI.B has been a great surprise as well renewables . I think we might we be looking for further gains but you never know.
I got in at 37.5 . 35K shares now 44.63.Particularly what, yesterday?
From my perspective you never know where the cylinders all firing on an individual stocks, and when that might happen.
So we hold ETF's for bonds and international equity, and a smallish slice of preffered shares.
But mostly abot 80 different equity positions for the US and CDN side of our holdings.
Just updated this am, and our overall last 12 months annual return average has been 14%.
Our 10 year average has been about 7.5%.
So equity returns despite a short term dip for us are currently doing ok.
So we hold ETF's for bonds and international equity, and a smallish slice of preffered shares.
But mostly abot 80 different equity positions for the US and CDN side of our holdings.
Just updated this am, and our overall last 12 months annual return average has been 14%.
Our 10 year average has been about 7.5%.
So equity returns despite a short term dip for us are currently doing ok.
Last edited:
Nah, I avoid tech stocks. Mostly Canadian dividends for a) income, b) significantly reduced taxes as a result of the DTC
Well it would seem you are a fund manager the way you sprinkled “we our us” in your post. If you are satisfied with annualized 14% and 10 yr 7.5% then you are probably just being led by the stats that are published and not questioning them. But you are already some wealth manager and know it.
I have BTC, but Palantir = Satan, Tesla - too much of their profit is from Carbon Credits (40% or more) which will go away quite fast. MSTR is just BTC with leverage.
