Is now a terrible time to exit Canadian Blue chip?
Half my portfolio are ETFs. The other half are: $Condor Resources Inc (CN.CA)$ , $The Toronto-Dominion Bank (TD.CA)$ , $Bank of Nova Scotia (BNS.CA)$ , $Fortis Inc (FTS.CA)$ , T, $Suncor Energy Inc (SU.CA)$ , $Enbridge Inc (ENB.CA)$ , and unfortunately $Algonquin Power & Utilities Corp (AQN.CA)$ . Over the last several years only CN and FTS have given me consistent returns. Recently SU and ENB are finally showing signs of life but all the other ones are dragging me down or barely in the green. And yes I was too scared to put more in during all of the big pull backs. Have you heard the story of Bob the investor? I am Bob.
Clearly I have no idea what I'm doing. Luckily I did put roughly half of my funds into XEQT a couple years ago and I'm very happy with those returns. But there's quite a bit of overlap so I want to sell off all of my blue chips. Seeing how the BoC is signalling more rate cuts, should I hold off on selling off my individual stocks or wait a bit longer?
Clearly I have no idea what I'm doing. Luckily I did put roughly half of my funds into XEQT a couple years ago and I'm very happy with those returns. But there's quite a bit of overlap so I want to sell off all of my blue chips. Seeing how the BoC is signalling more rate cuts, should I hold off on selling off my individual stocks or wait a bit longer?
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