09-27-2015, 09:01 AM
I'm not a 100% sure what my full position number is supposed to be, in terms of dollars or percentages as a whole. I do know that I treat my 401kplan and my Vanguard Roth/Brokerage accounts as two separate entities.
In my 401 kplan, investing over the course of almost 20 years plans changed. I use to re-allocate dollars once a mutual fund grew to more then 20% of total portfolio, so if a fund became 23 to 25% of total portfolio it was adjusted downward to the 18 to 20% range. Over time as the account grew so did the amount of different funds I have acquired. But now the largest holdings are in the 9 to 11% range getting trimmed once they reach 15% of total weight.
In my Vanguard account my largest holdings are U.S Healthcare Fund and Markel at 12 and 10% respectfully. The U.S. Healthcare fund gets trimmed at 15% and no further purchases of Markel (Markel never gets trimmed, it is what it is). All my other individual holdings range anywhere from 1.2% to the 3 maybe 4% range. I'm in the camp that 100 stocks is better then 10. For example, when I was considering Canadian bank stocks and had set aside a certain amount of dollars to invest in that arena I took that amount and invested in the top 5 Canadian banks, of course, I look at Canadian banks different then say, the top 5 tech companies. Actually, I originally invested in one Canadian bank stock and wanted more exposure and couldn't make up my mind after some research, that's when I allocated and invested in the remaining 4 companies.
For some reason, I do like to receive a certain amount of yearly dividends from each company, so I usually keep buying that company until I reach that amount in dividend income, as long as that company is properly valued. But that's just my quirky craziness.
In my 401 kplan, investing over the course of almost 20 years plans changed. I use to re-allocate dollars once a mutual fund grew to more then 20% of total portfolio, so if a fund became 23 to 25% of total portfolio it was adjusted downward to the 18 to 20% range. Over time as the account grew so did the amount of different funds I have acquired. But now the largest holdings are in the 9 to 11% range getting trimmed once they reach 15% of total weight.
In my Vanguard account my largest holdings are U.S Healthcare Fund and Markel at 12 and 10% respectfully. The U.S. Healthcare fund gets trimmed at 15% and no further purchases of Markel (Markel never gets trimmed, it is what it is). All my other individual holdings range anywhere from 1.2% to the 3 maybe 4% range. I'm in the camp that 100 stocks is better then 10. For example, when I was considering Canadian bank stocks and had set aside a certain amount of dollars to invest in that arena I took that amount and invested in the top 5 Canadian banks, of course, I look at Canadian banks different then say, the top 5 tech companies. Actually, I originally invested in one Canadian bank stock and wanted more exposure and couldn't make up my mind after some research, that's when I allocated and invested in the remaining 4 companies.
For some reason, I do like to receive a certain amount of yearly dividends from each company, so I usually keep buying that company until I reach that amount in dividend income, as long as that company is properly valued. But that's just my quirky craziness.