Initial Value $49,945.40
June 15, 2012
Update Value $83,430.63
December 5, 2016
Some investors don’t want to be bothered with following their stocks on a regular basis. They prefer to buy and forget, checking in maybe once or twice a year to make sure there is nothing seriously amiss.
This Buy and Hold Portfolio was created in June 2012 for this type of person. It contains a bond fund and a mix of Canadian and U.S. stocks, which will rarely change.
The equity focus is on blue-chip stocks that offer long-term growth potential plus, in all cases but one, regular dividend payments. The original weighting was 10% for each stock with the bond ETF given a 20% position.
I used several criteria to choose the stocks including a superior long-term growth profile, industry leadership, good balance sheet, and relative strength in bad markets.
At the time, I stated that the objective was to generate decent cash flow and slow but steady growth. The target rate of return is 8% annually.
Only current subscribers of the Internet Wealth Builder may view the details of this model portfolio.
If you believe your account is up to date, please login to access this content.
Subscribers also receive:
Regular updates and more