Q: Hi 5i team,
being an active investor for about 20 years, I calculated my industry allocation for the first time (meaning: I focus more on company selection): consumer staples 22%, industrials 20%, consumer discretionary 15%, materials 13%, financials 11%, energy 6%, healthcare 6%, technologies 6%,utilities 0%, telecom 0%. I invest in companies that I understand the products, and financial statements (including notes): my "financials" do not include banks or insurance companies.
On these information only and the fact that I won't be needing this capital for the next 20 years: how would you qualify my investor type/profile? What type of economy (refer to growth, inflation, etc.) should I be afraid of? What should be the first corrections to be made to my asset allocation (please suggest companies to buy)? Which industry weights should I aim (S&P/TSX seemed flawed, is S&P500 better?)? Any other comments would be appreciated.
Thank you, and the best in this holliday season, Eric
being an active investor for about 20 years, I calculated my industry allocation for the first time (meaning: I focus more on company selection): consumer staples 22%, industrials 20%, consumer discretionary 15%, materials 13%, financials 11%, energy 6%, healthcare 6%, technologies 6%,utilities 0%, telecom 0%. I invest in companies that I understand the products, and financial statements (including notes): my "financials" do not include banks or insurance companies.
On these information only and the fact that I won't be needing this capital for the next 20 years: how would you qualify my investor type/profile? What type of economy (refer to growth, inflation, etc.) should I be afraid of? What should be the first corrections to be made to my asset allocation (please suggest companies to buy)? Which industry weights should I aim (S&P/TSX seemed flawed, is S&P500 better?)? Any other comments would be appreciated.
Thank you, and the best in this holliday season, Eric