Sold 400 $CVE Cenovus Energy in the TFSA for 44.77. In an effort to rebalance the portfolio, I purchased 408 $REI-UN RioCan REIT at 20.71 500 $CHP-UN Choice Properties REIT at 14.92 150 $NXE NexGen Energy at 13.86 This brings my Energy weighting in the TFSA down to 46%. My overall portfolio weighting for Black Gold is still 49.65%. Still aggressive, but tamer than peak allocation at 62%. Total Cash allocation at 11.17% all within the RIF as a Cash Wedge. This is for withdrawal in 2027 or for Dry Powder should Energy crater with a Pseudo Peace Accord. I can always count on irrational panic/over selling if/when the announcement is made. If supplies of oil and distillates stay tight, I still have skin in the game. Anyone hedging their Energy play by taking a little off the top? Energy makes ALL of Canada 🇨🇦 strong & independent. Never a 51st State ✊
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