11-28-2014, 06:08 PM
Hi Vincenzo,
Welcome to the forum. I face a similar dilemma as you do. I have 17% of my portfolio in energy sector and today, I was tempted to add more as some of the major names took a hit and fell by about 5%. I just added to my position in CVX last month and today would've been a good day to add more. But I decided that 17% is already way more than what I want in my energy sector, so I decided to skip it and bought a railroad instead (CNI).
What Im trying to say is: it depends on your overall risk tolerance, diversification and outlook. Good time to pick up energy names, no doubt. Commodities/Basic Materials are also an attractive sector right now.
Welcome to the forum. I face a similar dilemma as you do. I have 17% of my portfolio in energy sector and today, I was tempted to add more as some of the major names took a hit and fell by about 5%. I just added to my position in CVX last month and today would've been a good day to add more. But I decided that 17% is already way more than what I want in my energy sector, so I decided to skip it and bought a railroad instead (CNI).
What Im trying to say is: it depends on your overall risk tolerance, diversification and outlook. Good time to pick up energy names, no doubt. Commodities/Basic Materials are also an attractive sector right now.