Code: Select all
300-560 Poor 4% of Canadians
560-660 Fair 10%
660-725 Good 15%
725-760 Very Good 14%
760-900 Excellent 57%
Code: Select all
300-560 Poor 4% of Canadians
560-660 Fair 10%
660-725 Good 15%
725-760 Very Good 14%
760-900 Excellent 57%
One can have different results in each direction if 3 or 4 of them produce big losses.....yes, yes, I know. Use stops.deaddog wrote: ↑30 Nov 2017 18:43 I look at it this way: Holding a large number of stocks in your portfolio leads to average performance. Since only 3 or 4 will produce big gains the remaining stocks drag the performance down.
If you want to have different results than everyone else you have to do things differently.
Wrong thread....
May depend on what your long term goal for having prefs in your asset allocation is. I am not nearly as rigorous with my pref ladder as I am with my bond ladder simply because Mr. Market determines what these things are worth at any given time and getting too precise with methodology on circa 7% of my portfolio isn't worth disproportionate time (unlike someone with a significant weighting in this asset class).Peculiar_Investor wrote: ↑28 Nov 2017 10:50 Now I'm stepping back and reviewing that 'haphazard' approach and trying to determine if there is benefit in refining the selection methodology.