Post by
malx1 on Apr 08, 2014 5:17pm
Mart from a portfolio standpoint - company specific risk
There seems to be quite a few novice investors who migrate to this stock. It may be the excitement of the Umusedege field development or the company's unusually high yield, but whatever it is that draws you here, be aware of the risks when concentrating your holdings.
From a prudent portfolio standpoint, a stock like MMT should not be more than 1-2% of your investible assets.
That means on a $1mm portfolio, MMT should not be more than a $20,000 position.
I don't need to waste your time and mine pointing out the risks of International small caps.
Anyone overweighting this stock is overconfident, lacking education and experience in risk mitigation. An overweight position here is reckless, and I'm as optimistic as the next investor.
Comment by
goldiehawn on Apr 08, 2014 5:26pm
And you are with who? You supposed financial edjikated types crack me up.... put mama in 'safe' investments. I saw what happened to 'safe' investments in 2009. So Einstein you say $20K in MMT... what do I do with the other $1,980,000.. haha
Comment by
malx1 on Apr 08, 2014 5:46pm
Equity weightings in 100% equity portfolio: AQN 2.5% BEI.un 2.5% CWT.un 2.5% ENB 2.5% TRP 2.5% IPL 5% Financials: BNS 5% CWB 5% TD 5% X 5% Consumer: Ebay(us) 2.5% CTC.A 2.5% MGA 2.5% L 2.5% SAP 2.5% PM (us) 2.5% Gold: FNV 2.5% Industrials: CNR 5% CP 5% WTE 5% GEI 2.5% LIF 2.5% STN 2.5% Energy: CCO 5% COS 5% VET 5% Healthcare: CCT 2.5% Telecom: T 5%