RE:RE:Some thoughtsCanSiamCyp wrote: Thanks for sharing Sarge!
As you are aware, our portfolio has evolved into something quite complex with a mix of 30 Preferred Shares (about 40% of AUM), 14 Common Shares (about 20%), 12 REITs (about 15%) and 4 Private Equity Funds (about 25%). I anticipate a large chunk of our Preferred Share Portfolio will be redeemed in 2022 and beyond, and am pondering what to buy as replacement(s). All buys would be long-term buy-and-hold cuz we have set up our will to pass on the actual investments in-kind to our children.
Please share some specific details re your likes - namely VDY, FIE and ZWB. Whenever I have read about FIE, this iShares ETF always gets panned for the high RoC component and flagged as being non-sustainable in the long-term. And yet the popularity persists due to its high yield!
Like you, we are also putting money into RESPs for our grandkids; the attraction of putting $2.5 k per child per year is that you get the 20% grant money from Turdo. However, what to put the balances in which is safe and sound for the relatively short term of investing? I confess that I put the cash into one-year GICs and roll-over and add to the principal each year. Hardly inspiring, but 100% safe! I do not own any other GICs in our portfolio - only these!
Cheers! CSC
Great post Sarge, thanks again