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Portfolio Checkup

All-stock portfolio too risky for 60-year-old Add to ...

This week's patient is worried that her portfolio is too risky. Rob Carrick, the Globe's personal finance columnist, and Andrew Pyle, investment adviser at Scotia McLeod, weigh in

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.

Age: 60
Occupation: marketing
Annual Income: $100,000
Level of investment knowledge: modest
Portfolio size: $300,000
Pension: No

Portfolio Notes:

-Owns a 15% stake in the Internet marketing company where she works
-Do-it-yourself investor
-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


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