Q: Hello Peter
Do I include "Cash" as part of my equity portfolio since the cash will one day be used to buy equities? I currently have 19.3% in banks [RY,CM,BNS,NA,LB,OLY] counting the cash as part of the equity portfolio but 23.3% considering equities only.
I have no lifecos but am considering buying Sun Life [SLF] which you recently recommend, but if it is considered to be a "financial" then maybe that would be too big an overall position in financials. I also have 40% in fixed income. I would value your opinion.
Many thanks...... Paul
Do I include "Cash" as part of my equity portfolio since the cash will one day be used to buy equities? I currently have 19.3% in banks [RY,CM,BNS,NA,LB,OLY] counting the cash as part of the equity portfolio but 23.3% considering equities only.
I have no lifecos but am considering buying Sun Life [SLF] which you recently recommend, but if it is considered to be a "financial" then maybe that would be too big an overall position in financials. I also have 40% in fixed income. I would value your opinion.
Many thanks...... Paul