(05-06-2014, 07:54 AM)TomK Wrote: That's a good looking portfolio, jcirifac. And $2500 per year is a fine start for a small portfolio. I like how concentrated it is. I've been reading a lot of different opinions lately about how many positions are desirable in a self-managed portfolio, and while there are good arguments on both sides, I am starting to become convinced that a smaller stable of 15 to 20 names is as good as, and in some ways better than the 30 to 50 that many choose. I haven't reached any conclusions on the subject, but it is nice and interesting to see a compact portfolio like yours.
Thanks TomK. I also like the compactness and simplicity. It's easier to keep track of things but still seems diversified enough for me. I deliberately exclude financials and materials and soon will replace csco with another consumer staple like krft so that tech is down to aapl. I believe financials are almost impossible to understand and materials/tech are too volatile and unpredictable. So I'm left with the other sectors which I somewhat understand.