For most other sorts of stock, if you look at them once a year, I think that is basically fine. Of course, all sorts of stocks can cause you problems. Examples are Insurance Companies in Financial Services, Reitman's in Consumers, TransAlta in Utilities, and SNC-Lavelin in Industrials.
Below is a chart of what I have in each sector. I have always had a lot of my portfolio in Financial Services and Utilities. For resources, I generally have had between 1 and 2% in this sector.
On my other blog I am today writing about Toromont Industries Ltd. (TSX-TIH, OTC-TMTNF) ...continue...
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