Building or rebalancing your portfolio and wondering what investments to consider next?
Here’s what leading experts featured on BNN Bloomberg say investors should consider adding and dropping from their portfolios today.
Shiraz Ahmed | CEO, Sartorial Wealth
In your opinion, what single investment should investors own right now — and why?
Devon Energy
Its shareholder return framework includes a base dividend plus a variable dividend tied to excess free cash flow, giving investors direct participation in strong commodity price environments.
From your perspective, what is one investment investors should consider dropping from their portfolios — and why?
Thompson Reuters
The stock is under pressure because of the shift to AI, along with all software stocks.
Martin Pelletier | Senior Portfolio Manager, Wellington-Altus Private Counsel
In your opinion, what single investment should investors own right now — and why?
Gold, preferably via a high quality producer in a safe jurisdiction (for example, Agnico Eagle) or a liquid gold vehicle.
In a world of elevated policy and geopolitical uncertainty, gold functions as portfolio insurance and a store of value when real yields are unstable and fiscal conditions are stretched. It tends to benefit when investors seek “certainty” and when confidence in paper assets is challenged, especially if energy and commodity shocks keep inflation pressures sticky and central banks have less flexibility and have to start printing.
From your perspective, what is one investment investors should consider dropping from their portfolios — and why?
Long duration government bonds as a core ‘set and forget’ holding.
The traditional role of long bonds is to diversify equities and protect in recessions, but in an energy shock or stagflation style environment they can fail at that job because inflation risk and term premium can rise at the same time as growth weakens. With sovereign debt burdens high, the “policy response” risk is also higher, meaning investors can end up earning nominal yields while losing real purchasing power. In this environment, we prefer functional replacements with more defined outcomes, including structured exposures designed to reduce duration sensitivity.
