I’ll sort the wheat from the chaff, giving you straight up investment advice to make you money. Here are my results compared with others.
Transparent. Simple. Profitable.
Personal financial guidance that puts more money in your pocket.
Why two portfolios?
The Greedy Grower is my money. In order to balance some level of privacy yet maintain transparency, I have used a calculation to alter my actual amounts to total very close to $1,000,000.00 as of 01 January (each year). Outside a bit of float in a chequing account and what real estate I own, the portfolio does represent all of my holdings. Four years after I got serious about implementing an investing system, I started to invest for a retired friend. I have taken the same approach with his money. His goals are the same: he wants to make money; he doesn’t want to lose money. That sounds so simple. That is what we all want, isn’t it?
Two differences between the Greedy Grower / Portfolio One and the Retired Grower / Portfolio Two are as follows:
- A smaller portion of holdings are in U.S. currency in the Retired Grower. At the time I began managing that portfolio in earnest, the Canadian dollar value had fallen, in relative value, making it less appealing to convert to U.S. currency.
- Some Guaranteed Investment Certificate holdings make sense in the Retired Grower portfolio to ensure a sleep-at-night comfort level is maintained. Fortunately, I was able to create a relatively favourable GIC ladder when the rates were in the 3% range. Further down-side risk protection is pursued in this account, such as a larger portion of high interest savings, but this will vary depending on financial markets at any given time.
Whether you exactly emulate the Greedy Grower, or the Retired Grower depends on several variables. Please read the information provided under the “RISK” tab. I encourage all investors to work through the process of understanding and developing a risk appetite. You can read all you want about riding a bike or a horse but until you are on the seat / in the saddle, you don’t really know what you are doing or how you feel about it. Investing is the same. It is a participatory activity and no questionnaire or newspaper article will determine where your risk comfort level is. So, get to it!
What is that saying… “the best time to plant a tree was 20 years ago, the second-best time is now”
Anyway, that is why there are two portfolios and the starting point for each is different. A Greedy Farmer Investing Subscription will allow you to look at the detailed holdings for each portfolio. This will allow you to see how they are different and how they are the same.