Post by
retiredcf on Nov 17, 2021 4:36pm
Need to Sell Losers?
Question: Is there a need to readjust these significant losers in a RRIF ?
We would focus on adjusting position sizes to 'sleep at night' levels. We continue to see good growth prospects for both XBC and AT over the long run, especially at current valuations. However, momentum needs to improve for us to have more confidence in the near term. We would be fine keeping these as smaller position sizes in a portfolio.
More from the team at 5iResearch. GLTA
Comment by
mofwmofw on Nov 18, 2021 6:53am
Not sure what to make of this. They said ro buy at $15-$16. They also said to buy at $8-$9. Now if I'm interpreting this right, they say to reduce your holdings? If that's the case, then they must assume it's going lower ? Any thoughts?
Comment by
retiredcf on Nov 18, 2021 9:03am
The question was posed by a subscriber as to whether they should sell. The response indicated that both stocks have good long term potential so they should retain their holdings. That said, they are not expecting an immediate SP rebound so patience will be required (which some of the posters here have clearly lost). GLTA