|SELECTIVE||NORTH AMERICAN - LARGE||_N/A|
Over concentrating in financials. If you are not diversified you are taking risk. The Canadian financials are a tremendous sector. It is an oligopoly. If they do go down, however, they will all do so in concert. He limits himself to no more than 20% of a portfolio in any one sector. He likes Utilities, Telephones, Pipelines and REITs as they are nice diversifiers away from the banks.
President, Baskin Wealth Management http://www.baskinfinancial.com/main/