“Keep all your eggs in one basket and watch that basket”
moneyrelations :: Jul.18.2007
Hello, stranger! New here? How about subscribing to my RSS feed? Thanks for visiting!
The last post was about my RRSP portfolio so this time, I’ll blab blog about the holdings of my unsheltered mutual funds portfolio. Basically, it’s a repeat of the TD e-funds I already hold in my RRSP. It’s probably not a good idea to buy the same things, but oh well. I’d already maxed out my RRSP contributions and I wanted to park my money somewhere. Running out of e-fund options, I added TD Latin American Growth and TD Entertainment & Communications into my fund basket. I know I railed against actively managed funds in my previous post but I am not against the no-load variety that allows for some flexibility in selling/switching without locking you in for a number of years. Obviously, they have to justify the higher MERs with good returns.
In any case, the Latin American fund has been my best performer giving me an annualized return of 44% in roughly 2 years. The Communications fund has performed well also. I know that these are “funds du jour”, which along with the high flying TD Canadian Index e-fund that I also own, are recipes for trouble in a correction. But what’s wrong with letting the good times roll and riding the wave? Conventional wisdom tells me I should take the profits and redirect the proceeds to lagging funds but that’s easier said than done. I did not start my investment journey until after the tech bubble so I don’t have that painful memory emblazoned in my brain. Rest assured though, I’m putting a GPS in my basket.
Investing ::
No Comments »
Did you enjoy the post?
Subscribe to Money Relations and the Comments as well.
Share in Social Media
Related Posts:
