09-25-2013, 06:31 PM
How important do you rate Diversification & Asset Allocation?
I feel diversification is fine as long as the stocks are in my list of DG stocks. I currently have:
Bank 26%
Financial 24%
Industrial 5%
Communications 22%
Pipelines 4%
Insurance 16%
Utilities 2%
Health 1%.
I'm not too concerned that I'm overweight on some because 95% of the stocks I'll hold forever (unless they go under). I jumped in heavily with some of the stocks just after the 2009 crash and it's proven to be a good move because my YOC really jumped and has kept growing as they increased the dividend.
As for asset allocation I am 100% DG stocks so that's a NO.
I feel diversification is fine as long as the stocks are in my list of DG stocks. I currently have:
Bank 26%
Financial 24%
Industrial 5%
Communications 22%
Pipelines 4%
Insurance 16%
Utilities 2%
Health 1%.
I'm not too concerned that I'm overweight on some because 95% of the stocks I'll hold forever (unless they go under). I jumped in heavily with some of the stocks just after the 2009 crash and it's proven to be a good move because my YOC really jumped and has kept growing as they increased the dividend.
As for asset allocation I am 100% DG stocks so that's a NO.