RE:RE:RE:RE:RE:RE:Its a startHi again Jumpstart!
Since you have read my prior posts on SH, you are aware that our portfolio is quite diverse - with common shares, REITs, preferred shares and private equity (at roughly 20, 15, 30 and 30% proportions). The portfolio contains 58 individual financial instruments (of varying size) issued by 43 unique entities (i.e., some entities have more than 1 instrument .... such as TD common and TD preferred shares).
HDIF is the newest addition to the portfolio ... and I listed the reasons for this diversification in a previous email to you.
Basically, at present, whenever free cash builds up, I invest it in buying more shares/units of those already-included entities/equities that I consider to be undervalued and/or under-represented in the portfolio at that point in time.
Within our registered accounts, I have basically constructed a high-yielding subportfolio of entities that generally produce tax-inefficient income .... specifically TF, CHE.un, AD.un, NXR.un and PMZ.un. The first 3 are particularly well suited to registered accounts, in my opinion, and are currently "on sale" for relatively low unit prices. NXR.un was added years ago when it was on the TSX Venture exchange and I felt that it had potential for significant capital appreciation .... which it has exhibited. Similarly, I feel that the relatively new REIT PMZ.un is currently quite undervalued so it is the latest addition to our registered accounts.
I feel that I should stipulate that I am not qualified to be a financial advisor and no one should accept anything that I share on this board as a recommendation to buy! What works for me, might not work for anyone else! As the old saying goes .... "Different strokes for different folks!".
Cheers!