<20% on average. Key holdings are RBC, TD, CP, MFC, NTR, SU, CNQ, BCE, AC. the rest is USA! USA! USA!
0%
1-25%
26-50%
51-75%
75+%
<20% on average. Key holdings are RBC, TD, CP, MFC, NTR, SU, CNQ, BCE, AC. the rest is USA! USA! USA!
I talked to a few coworkers, mostly engineers and geologist and majority of their stock investments are other Canadian O&G companies. I asked them why not invest on other sectors, their response was that it's what they understand best.This quote is hidden because you are ignoring this member. Show Quote
I've got ~7% in BEP-un but that's it. I don't see any upside to O&G stocks in the current market and banks are more of a dividend play (maybe, idk). Most of my original gains came from AMZN anyway so I just had USD to invest and it kind of went from there.
I do park my annual budget in XDIV and ZUT though (am farmer, only get paid once a year).
I could never stomach that much risk, and I have seen people lose almost everything with too many eggs in that particular basket. Whatever floats their boat though - at the end of the day they're the ones who have to be comfortable with it.This quote is hidden because you are ignoring this member. Show Quote
Think of the Bonavista employees that were comfortable with and understood their stocks... Pretty rough for some peoples savings/rrsp's.
I know a lot of people do it but it is dangerous to have all your eggs in one basket as has been mentioned many times in this thread.
25% overall canadian
Mostly Uranium and Oil, bought in march / april
80% Canadian
US dollar going to the dumps