The Risk Monster Portfolio
The Question: I’m worried my portfolio is too risky - how can I make it more balanced?
Assessment: This is a high-risk portfolio with no bonds and too much exposure to speculative stocks. The mutual funds used here are better choices than the stocks.
Annual Income: $100,000
Level of investment knowledge: modest
Portfolio size: $300,000
-Owns a 15% stake in the Internet marketing company where she works
-Holds a mix of stocks and mutual funds, no bonds.
-Holdings in her self-directed RRSP and TFSA:
- Alpha Natural Resources
- Bank of America
- Fortress Pater
- Haliburton Co.
- Home Capital Group
- Methanex Corp.
- Nuance Communications
- West Fraser Timber
- Bankers Petroleum
- Fidelity Canadian Large Cap Fund
- Fiera Canadian Small Cap Fund
- Jarislowsky Fraser Canadian Equity