03-15-2015, 06:30 AM
So 1/3 of your direct investments are in banks. On top of that, I'm sure those ETFs bring a decent deal of financial investments too. And yes looks like consumer staples are missing and I would also look into grabbing some more industrials. Even TRP looks more like an utility than an industrial stock.
Maybe the overweight in finances is intentional but I would be careful. Especially since they are Canadian banks and the oil industry, which probably has billions in loans from these banks, could run into trouble with paying back what they owe if the crude prices stay low.
Maybe the overweight in finances is intentional but I would be careful. Especially since they are Canadian banks and the oil industry, which probably has billions in loans from these banks, could run into trouble with paying back what they owe if the crude prices stay low.