If you are new to investing, click on the link. LINK. And don't just study the suggested portfolios, also read the background investment information provided.
I have played with some of the suggested portfolios and there are times I wonder if today I'd be in a better place financially if I'd stayed in the Couch Potato fold.
My gut feeling is a few solid, pure stock holding delivering very good dividends is the necessary spice to make my investment portfolio work. I'm thinking of stocks like Emera (EMA) or a good Canadian bank stock with a decent dividend.
If there is big pullback, and it really looks likely, I'm sure I will be moving some of my money into some of the ETFs suggested. I may not go whole hog into index investing but I'll be making a big commitment.
* duffer: an untrained, inexperienced but opinionated person, especially an elderly one. This blog contains the thoughts of a retired photojournalist, a senior and a duffer when it comes to finance. Circumstances forced the author to manage his retirement finances. He has done well but he is NOT a a financial adviser. The opinions expressed are his and should not be construed as legal, tax or financial advice. Those seeking professional advice should see a professional adviser.
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