I'll start!
To provide context to my investment strategy, it is a mix of about 50% extremely defensive long-term income generating stocks and 50% high risk, high reward. My portfolio is structured based on a TOP DOWN approach and I prefer targeting specific sectors rather than individual firms. That being said, here are the sectors I'm bullish on and why.
* extremely defensive income generating.
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Canadian banks and financials: Canadian banks have healthy balance sheets and provide 4-5% yield. Canada's top 5 banks have been around forever, won't be closing anytime soon and have a track record increasing dividends.
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Utilities: Companies that generate electricity and other forms of power sound like a safe bet. I also found a number of utilities stock that offer a 3-4% yield have a record of being consistent.
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REITs: There are many REITs with high yields which accelerates income generation. A lot of them have 5-8% dividend yield. My favorite is AX.UN on the TSX!
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Telecoms: Not sure if this is considered defensive but companies like AT&T, TELUS, BCE are looking attractive with a 4-5% dividend yield.
* high risk, high reward.
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Technology: Although technology flash crashed Friday and maybe running out of steam, I'm a big fan of technology and think that it's only going to get more advanced. Also bullish on Chinese internet business. KWEB is an ETF that's invests in Chinese tech giants which is also one of my favorites. Read up on how Chinese internet is secluded and developed differently from the western world. Interesting.
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Marijuana sector: High risk, high reward! MJ stocks are volatile and they are in a a sector that i believe hasn't reached its full potential yet.
What about YOU? What sectors are you bullish on?
Any response is appreciated. Thank you for your advice.
Submitted June 11, 2017 at 03:43PM by DOWNV0TET0OBLIVI0N http://ift.tt/2rkVii4
