Q: Hi Peter, Ryan, and team,
In a recent post in Stock Chase, Barry Schwartz was commenting on MFC and gave it a "Don't Buy" rating, for reasons similar to 5i's. He then goes on to say that "he avoids this sector".
Is there a compelling reason to own SLF (or any other insurer) in the Financial Sector?
Our sector holdings across all accounts are BNS at 2%, GSY at 3.8%, SLF at 2%, TD at 6%, and TRI at 0.9%.
Should we 'stay the course' and keep things as they are, or should changes be made?
As always, I really value your advice.
In a recent post in Stock Chase, Barry Schwartz was commenting on MFC and gave it a "Don't Buy" rating, for reasons similar to 5i's. He then goes on to say that "he avoids this sector".
Is there a compelling reason to own SLF (or any other insurer) in the Financial Sector?
Our sector holdings across all accounts are BNS at 2%, GSY at 3.8%, SLF at 2%, TD at 6%, and TRI at 0.9%.
Should we 'stay the course' and keep things as they are, or should changes be made?
As always, I really value your advice.