AltaGas Ltd T.ALA.PR.B

Another bit of reflexion !

[bossu]

A homework assignment for do-it-yourself investors: Get your portfolio up on your screen and ask yourself how well it would hang together if stocks crashed.
The next crash is out there somewhere – timing and cause to be determined later. What we know for sure right now is that do-it-yourself investors using online brokers have portfolios that in aggregate seem unready for this kind of a setback.

Close to 80 per cent exposure to stocks is too much for investors who are close to or in retirement, unless they have more wealth than they need and can afford to weather a sharp drop in stock prices. Stocks quickly rebounded from the crash of March, 2020; the next downturn might not reverse that quickly.
However, the allocation to pure fixed income is less than half of what it was five years ago, while stock holdings are up by a few percentage points. It may be time for a rebalancing in your DIY portfolio to adjust your mix of stocks, bonds and cash. Find out now, before things get ugly.

Please d'ont hate me !

From Rob Carrick, personal finance columnist in the Globe and Mail

[sledig]

Hate you no Agree with totally, right now at 61 years old im in blue chips with dividends, some explorers and 50 %cash.

[bushman33333]

This post has been removed in accordance with Community Policy

[OOOOMM]

Rob C is a writer. He writes stories for a living. Nothing to do w what's happening. Just a scary point of view to get eyeballs. I recall He wrote the same frightening things about housing prices w the same angle 8 years ago. Get out while you can rhetoric... Could it be that Reading newspaper columnists can be regarded as the entertainment section of investing in the stock market? I'd

[marketsense]

So right.  Headline stuff from newspaper guys are just that.  Its the equivalent of  click bait except you have to pay to read it.   Now as to the issue about an impending market crash,  I can't remember a time when their hasn't been worries expressed about the possibilities of a crash.  Similarly,  there is always a lot of market gurus calling for

[SargeX]

Very interesting discussion. Totally agree on financial writers and just wanting to get views. Also as I've said, people have predicted at least 10x the number of crashes/corrections that have actually occurred. There's no shortage of doomdayers out there!! I also totally disagree with the whole bond theory on protecting a retiree by making them feel better when stocks go down. Stocks

[SusanBolland]

[Capharnaum]

The missing portion of that article is that in general, stocks recover to their previous level within two years of the "crash". Also, switching to bonds right now, with interest rates likely going up in the next year, might not be the best idea, especially since bonds do see their value go down in a crash due to the higher credit risk environment. As to cash, well it's losing value