The No Worries Portfolio
The Question: I am thinking of adopting a dividend strategy targeting a yield of 3.7 per cent - does that make sense?
Assessment: Overall, this portfolio looks sound. Emphasizing dividends makes sense, but don’t ditch all your bonds. Remember the market crash of 2008.
Annual Income: $40,000
Level of investment knowledge: high
Portfolio size: $2.5-million
-Uses an adviser, but also has a self-directed account
Balanced mutual funds 42%
Individual stocks 30%
- iShares S&P/TSX Canadian Dividend Aristocrats Index Fund
- Individual dividend stocks like TD Bank, Royal Bank and Canadian National Railways
- RBC Monthly Income Fund
- Fidelity Canadian Balanced Fund
- PH&N Bond Fund