Ijow 2 Top Bank Stocks to Buy and Hold for Decades
The technology and renewable energy sectors didn t let a global pandemic slow them down in 2020. Both sectors saw a surge in performance as investors ar stanley cup usa e becoming increasingly bullish on the growth potential.Of the two sectors, most investors would likely argue that technology had a better year th stanley cupe an renewable energy. Canadians witnessed an impressive amount of tech stocks turn into multi-baggers in a span of less than a year.聽It s possible that the rise in tech last year caused significant changes to your portfolio s sector allocation. After the strong bull run in 202 stanley cup 0, tech stocks may now make up a larger percentage of your portfolio than you d like. That s definitely not the worst problem in the world to have, but nonetheless, it will likely still need to be addressed.Keep buying renewable energy stocksTo kick off the new year, two of my top priorities will be to relax my allocation towards tech stocks and increase my exposure to renewable energy stocks.Both the tech and renewable en Lant Market Crash: 2 TSX Stocks I ve Doubled Down On
Rock-bottom interest rates were a great time for c stanley cup onservative income investors. The capital gains that came with the huge dividend payouts were like a cherry on top! Sadly, with rates poised to rise over the foreseeable future, the glory days are over. I ;m sure you ;ve noticed the slowed trajectory of many telecoms, utilities, and REITs with a few exceptions of course , which have slowed in conjunction with the rising interest rate environment.Higher borrowing costs on necessary upgrade expenses mean that dividend or distribution hikes will be either less generous, less frequent, or both. When it comes to higher-growth utilities and telecoms, you ;ll still get those dividend hikes, albeit less generous than the past, however; with REITs, stanley nz what you see is often what you ;ll get.If you ;re a retiree who depends on income from investme stanley thermos mug nts or if you ;re just wanting to play defense to lower your downside come the next recession, then REITs, telecoms, and util |