10-04-2014, 08:55 AM
Hey Lewys -- I agree with most of the posts here so far. I am also not familiar with most of your current holdings, but I wouldn't worry about it too much. Starting to think this way at such a young age is your greatest asset, and it will pay enormous dividends over your life. In your shoes I would focus on learning as much as I can. Develop a list of 20 to 30 target companies that you would love to own -- eventually. The best of the best, ones that will be around and making money in decades. And then take the new money you have to allocate each year and buy whichever of those is presenting the best value at the time. Learn to love corrections, dips, and recessions and be ready to act when they happen. That is when you get rich.