Well, it certainly depends on how much time you can devote to keeping an eye on your port. Rod has explained many times on this post why he does not use ETF. So obviously if the stock you pick fits your goal and is not risky, you can replicate the targe of certain ETFs, less the dogs. Obviously, rebalancing your port may involve trading fees that could reduce your return (depends on your brokerage).freilona wrote: ↑Mar 17th, 2017 2:02 pmOther tech companies' PE is even higher (except for Open Text which I don't like for other reasons) Now that we have a non-reg account, I'm debating between selling some of the stocks which we currently own in registered accounts and replacing them with HXT in it - or keep buying individual stocks (preferably low/non-dividend payers)
When I analyzed what we already have against the index (my husband has ZCN in his TFSA), I realized it's not that bad - and somewhat similar to Rob Carrick's Two-Minute Portfolio. Not intentionally, but now that we're "almost there", maybe it makes more sense to buy stocks from the 2 sectors that we're missing, keep Financials and Energy underweight - and call it a day?
(I sold all remaining US individual stocks except for AT&T earlier this year, and will be indexing US and International Equities for sure. It's only Canadian Equities that make me doubt.. )
Thank you for sharing.