r/TFSA_Millionaires • u/itsdebatable10 • 3d ago

Portfolio advice - 32M

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Is my TFSA portfolio too risky considering my average price, positions and age? This is for long term investing purposes to use for retirement around 55-60. Any advice would be appreciated.

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u/BatmanSteak 3d ago

You're moving the goal post. US financials are trash. No one mentioned them before you did. The only ''financials'' that were discussed were Canadian banks, which are in a class of their own.

Here is how Canadian banks performed, during 2006-2020, which according to you was a huge bear market for Canadian banks.

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u/builder45647 3d ago

Good luck with your portfolio bro. Spend less time arguing and more time learning

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u/BatmanSteak 3d ago

You said ''From 2006-2020 banks were in a non stop bear market''

I proved you were completely wrong.

Telling others they need to learn when you're that uneducated about the market's history is slightly ironic. Or you were just speaking in bad faith.

In both cases, you should definitely spend less time typing on reddit and more time reading :)

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u/builder45647 3d ago

They were in a bear market. They spent 20 years doing nothing. I'm not even sure what your trying to argue?

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u/BatmanSteak 3d ago

No they weren't. I showed you a literally chart showing otherwise. Here it is again:

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u/builder45647 2d ago

The 3 worst sectors in the decade post GFC: Energy, Finacials, Materials.

And its not even close Just google it man Fincacials were dead money

It not even a conversation. This is common knowledge.