08-30-2019, 07:52 AM
(08-30-2019, 06:38 AM)NilesMike Wrote: For me, 15-20 is optimal. It keeps me searching for that next great stock. Also, while diversifying mitigates the risk it also mitigates the upside, which is bad IMO.
I prefer to mitigate the risk by buying quality at discounted prices. Foolproof? No but it's the best I've got.
Good luck to all.
I think that's my target in the end but it will take a recession to get me back there. We can debate it until the cows come home of course with no resolution. I'm just trying to beat the S&P by a few points and I don't think I can with 50 stocks. My bet is always hedged with a lot of SPX on the side so it's hard to win or lose by much in any event.