RE:RE:RE:RE:RE:"What If" ScenarioFreedomfiddy: I think I read from one of your posts that, like me, you've also recently retired. Are you making any adjustments to your portfolio? Are you going to keep buying individual names like ENB, BMO, BNS, or are you going to switch it up and go the ETF route like all the financial reporters are recommending these days? They say that the first five years following retirement are key for portfolio, so I'm feeling pretty nervous right now given what's happened in the markets.
I've bought the "big safe names" and took a drubbing. (I bought CIBC, TD and BNS after the fall drop, and I still took a beating.) I'm thinking for 2019, I'm going to just buy ETFs from now on (they have fallen, too, but I'm wondering if it is less stressful to hold since they can't go to zero short of the world ending and they tned to be less volatile than owning individual names.
freedomfiddy wrote: OPEL - yeah, ENB aren't going anywhere for sure. And it's a good point made by one of the other posters that ENB didn't cut it's dividend in the crash of 2008/2009. Just gotta ride it now at this point. If it takes 6 months or a year, then so be it, right ? No choice anyway. My average is 45.83. Taking a good old fashion $hit kicking at the moment. Don't even talk to me about my other holdings in BMO and BNS, brutal December, just brutal....