Join Date: May 2004
Location: Toronto, Canada
I do, but you probably wouldn't recognize anything in my portfolio. I am entirely in Canadian securities because (1) favourable tax treatment for Canadians investing in Canadian dividend paying stocks, (2) I trust our market more than the US market right now. I don't see any prospect for the US market - and the US dollar - improving relative to the Canadian market in the foreseeable future.
My portfolio is all about dividend income. If it doesn't pay a dividend, I don't own it. Top 5 holdings (all TSX listed)
NFI.UN New Flyer Industries - largest publicly traded manufacturer of transit buses in North America
CPA.UN Capital Power Income Fund - electric power plants
JAZ.UN Jazz Air Income Fund - basically a subcontractor to Air Canada - I bought this at the extreme depths of the 2008-2009 recession/depression when everyone thought Air Canada was going to go bankrupt ...
SRV.UN - operator of Jack Astor's and Alice Fazooli's restaurants (I don't know if you have those in USA, I think it's a Canadian chain)
STB Student Transportation - school bus operator.
So, we have a manufacturing company, a utility, an airline, a restaurant chain, and a school bus company ... are we diversified? (other than all being Canadian companies) - yeah, I watch Jim Cramer, even though he doesn't address the Canadian market much.
Part of my strategy is to NOT own what "everyone else" owns. I don't own any banks, I don't own Research in Motion (never have), I don't own any tech companies, I don't own any telephone companies. I do have some energy in the portfolio but only small and mid cap - not Big Oil, returns are too poor. I do have a small position in Manulife but I bought in cheap around 12 bucks, I'm not among the many people who rode this all the way down from 40-something ...
Helibars, MRA screen, Ohlins damper, reversed shift pattern, sorted suspension, braided lines, Michelin Pilot Power, all else stock 'coz it's fast enough!