ALA
ALTAGAS LTD
stock TSE

Thanks. $100k is great but not for 3 kids lol. I prob need $300k. If I only did as good with my own investments.
Telus is one I was thinking of cutting. The dividend will likely be cut and who knows how market responds to that. There’s definitely an argument with SU and ALA. But I figure with AI and increased energy demands, might still have some room.
Might be worth taking some of the profits from Dol. but I’m not keen on selling it all given its expansion plans.
Many of them don’t drip anymore because positions have grown past the point it can drip. Questrade doesn’t do partials on most Canadian tickers.
Do you think 8 years is a bit early to start going conservative though? Thoughts on maybe adding to some of the tech names I have like META? It’s pretty cheap by its standards.
What other funds do you like that are safer?

Not a financial advisor. Good job on the return and maxing out your kids resp each year. Seriously good job. There are a few considerations and things I would do:
\- take your beating in T and cash out. This frees up $5ish k. I’ll take some flack for typing this but hey, how many years has this company been facing structural debt and persistent headwinds? If your horizon was 20+ years I would still sell it while others would let it ride. But your horizon is 8years….i doubt you’ll break even on it.
\- you are heavy in one sector: banks. You could consolidate into 1 or 2.
\- trim your winners (including from DOL). This is especially true for your oil cyclicals: SU and ALA. ensure you lock in the profits from these.
\- use your new capital from selling T and trimming your winners to target a safe broad index fund (x/vgro then to v/xbro when they’re almost 18) Why? Your horizon is 8 years. You need to shift your risk profile to cushion any downturns. A financial advisor could be handy in this situation to map out the next 8 years. Since you’re over the magical $100k line you would likely qualify for a free session with your banks advisor.
\- finally turn off drip. Allow your divys to pool and buy whole shares of whatever broad market fund you go with.
Good luck,

Thanks. $100k is great but not for 3 kids lol. I prob need $300k. If I only did as good with my own investments.
Telus is one I was thinking of cutting. The dividend will likely be cut and who knows how market responds to that. There’s definitely an argument with SU and ALA. But I figure with AI and increased energy demands, might still have some room.
Might be worth taking some of the profits from Dol. but I’m not keen on selling it all given its expansion plans.
Many of them don’t drip anymore because positions have grown past the point it can drip. Questrade doesn’t do partials on most Canadian tickers.
Do you think 8 years is a bit early to start going conservative though? Thoughts on maybe adding to some of the tech names I have like META? It’s pretty cheap by its standards.
What other funds do you like that are safer?

Not a financial advisor. Good job on the return and maxing out your kids resp each year. Seriously good job. There are a few considerations and things I would do:
\- take your beating in T and cash out. This frees up $5ish k. I’ll take some flack for typing this but hey, how many years has this company been facing structural debt and persistent headwinds? If your horizon was 20+ years I would still sell it while others would let it ride. But your horizon is 8years….i doubt you’ll break even on it.
\- you are heavy in one sector: banks. You could consolidate into 1 or 2.
\- trim your winners (including from DOL). This is especially true for your oil cyclicals: SU and ALA. ensure you lock in the profits from these.
\- use your new capital from selling T and trimming your winners to target a safe broad index fund (x/vgro then to v/xbro when they’re almost 18) Why? Your horizon is 8 years. You need to shift your risk profile to cushion any downturns. A financial advisor could be handy in this situation to map out the next 8 years. Since you’re over the magical $100k line you would likely qualify for a free session with your banks advisor.
\- finally turn off drip. Allow your divys to pool and buy whole shares of whatever broad market fund you go with.
Good luck,