02-16-2014, 03:07 PM
(02-16-2014, 02:17 PM)EricL Wrote: One of my biggest problems is looking more at the fringes for ways to juice my returns rather than concentrating on the inner rings for the old reliables.
I think I have a good mix in my portfolio, but I can tend to get distracted by the shiny objects on the side of the road.
This is a challenge for me as well. I've recently been making an effort to get back to the "center ring" and to make sure that I do not neglect continuing to accumulate those core stocks.
But it is easier to get caught up on the "shiny objects" outside of that ring when prices and multiples are up, as is generally the case now. When all of the core stocks feel expensive, it is natural to look elsewhere.