Portfolio Manager Greg Newman Picks 1Yr GIC | GIC discussions | Discussion forum

Dean said
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Greg Newman of the Newman Group usually spends his time recommending 'Best Stocks' to his clients, but today his Top Pick is a 1Yr GIC ❗

Today's BNN News vid & article ➡ https://www.bnnbloomberg.ca/greg-newman-s-top-picks-december-20-2022-1.1861820

We don't hear that very often from someone like Greg. But given these times, I have to agree.

Dean

  

To be more accurate in your post....
The articles says:
Greg Newman, senior wealth advisor and portfolio manager at Newman Group, ScotiaMcLeod, discusses his top picks: 1 Year Annual GIC, BCE, and Altagas.

1 Year Annual GIC:
Park some capital at the highest one-year GIC rate in many years.

BCE (BCE TSX):
Earn a nice dividend and some decent capital appreciation over time from this stable and growing business.

Altagas (ALA TSX):
Earn a nice dividend and some capital appreciation from this growing business.

I also agree with his three picks. (I presently own a bit of all three.)