RE:RE:RE:RE:RE:Quarterly DividendsHey CSC
Good point on the geographic diversification that the TSX multi-nationals give.
It always is an interesting topic on how many holdings to have. I think the "sweet" spot is 10-20. With your large portfolio, I can see having more although some of the holdings are too complex for me. I like simple stuff that is easy to understand and easy to follow.
One of the beauties of investing is definitely "each to his own".
Take her easy
Sarge
CanSiamCyp wrote: Hey Sarge!
I agree with your negative assessment of the conventional wisdom re the need for fixed income and the need for geographic diversification (but we acknowledge that even with TSX listed companies like ENB, TRP, NWH.un, DIR.un, etc. we acheive significant geographic exposure courtesy of their asset locations).
I am still uncertain what to think about diversification. I agree that 100 is far too many, but feel that 1 as per our colleague King is too few (note: the wise old saying "don't put all your eggs in one basket" isn't considered a wise old saying for nothing .... lol!). Our 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). Having said that, I am always relieved when one entity gets bought out - such as the SMU.un acquisition reported yesterday - cuz I know there is a large capital gain coming AND there is one less company to keep an eye on! LOL!
Happy trails!