The Canadian stock market gained 29.9 per cent over the 12 months to the end of August, making it the place to be as it outpaced both international stocks and the U.S. market over the period.

The momentum-based Hot Potato portfolio benefited from the Canadian surge because it moved into Canadian stocks at the end of March, 2025. The recent gains helped push the portfolio’s long-term average annual growth rate to 13.6 per cent over the period from the end of January, 1994 through to the end of August, 2026.

The portfolio takes an admittedly aggressive approach to investing. It invests all of its money in the single major asset class – from Canadian bonds, Canadian stocks, U.S. stocks, or international stocks – that performed the best…