Curricular Response
1a) My best preforming stock was XIU as its return is +1.67%
b) My worst preforming stock was VOO as its return is -1.44%
2a) My strategy was not risky as I invested in the top 60 companies in Canada and top 500 companies in The United States which means I own small slices of 560 companies so it is pretty diverse and safe.
b) Some steps you can take to mitigate risks is to buy bonds but you get a low return.
3a) My portfolio is pretty balanced as I invested in a lot of different companies and its very diverse.
b) To make my portfolio more balanced I could’ve bought bonds to insure more safety and less risks.
Core Competency Self Assesment
- I thought about what would be the least risky and could eventually collect me money. The information i used for this idea was from Mr.Fitz as I missed this assignment.
- I would say investing money now is definitely more approachable now that I have an understanding of stocks and bonds.
- Something I’ve learned that I changed my mind about is that I used to think stocks were super complicated and hard to understand but I wasn’t even there for the lesson and I was able to pick up on it pretty easy.