Portfolio Re-balance help

craftsman wrote: ↑ How about move more of that money into MFC? OR a Canadian bank? Of if you are looking for US exposure, how about GS? or European banks?

As for AAPL/GOOGL/AMZN, all three of them has had a nice run in the past few months and while arguments can be made that they are 'cheap' so is any stock at the top of their cycle - ie commodity stocks are typically cheapest (ie lowest P/E) at the top of a commodity cycle just because a major correction in that sector. I'm not saying that there's going to a tech correction of the high flyers but it certainly would not be out of the question given how cycles work in other sectors.

kevin123456 wrote: ↑ i'm currently a fan of tech stocks as that is the way the world is heading, so don't mind being heavy. You are right that there could be a correction in this sector, but that would be likely involve an overall market correction.
GS - don't really understand the dips, stock was under performing most of middle of last year, and regained momentum towards September.
European banks - not familiar with them at all

AMZN/ BABA - maybe add 5- 10%, leaning more towards baba as they are priced "better"
AAPL - considering 5% more, but already regained most of its 2018 losses, my entry costs would be very high
MSFT - another potential tech stock to consider

craftsman wrote: ↑ GS is an investment bank to the core... and as such, they make money on trades and general market volatility! Since 2017 was a quiet year for the most part, GS's numbers weren't great in the trading area (the other areas blew the lights out according to their most recent quarter with just trading causing issues due to the lack of volatility). 2018 is volatility. GS should be able to make some good money in these markets and that's what people are betting on.

How about moving one step lower on the tech stock front? Companies like CSCO or AMAT which aren't as expensive and don't have the law of large numbers working against them.

Banks are basically banks but operate in different areas of the world. When it comes to Europe, they are coming off a negative interest rate environment so any move in rates over there will be just like what happened in the US with profitability increases for doing nothing special due to increases in the spread between savings and loans. Most European banks have had their balance sheet cleaned up over the past few years but I wouldn't put any money in Italian or Greek banks but German, Spanish, and Swiss banks all look relatively good. Spanish ones might be a good one to keep your eye on as Spain tries to move through the issue with Catalonia which may create a better entry point.

Another area you might want to look at in the long term is India. Fairfax has a hedge fund that an easy way to play the market there.