09-26-2013, 09:49 PM
(09-25-2013, 08:36 PM)Ok Red Wrote: 66% financials? You are a brave person, cannew. I'm worried about buying one financial! However, if you bought in 09 you've been rewarded handsomely, so good on you mate
Agree!
(09-25-2013, 08:52 PM)cannew Wrote: Its not which good DG stocks you buy but when you buy them.
Wise words -- double agree! (As long as you emphasize the "good" part...)
(09-26-2013, 10:44 AM)hendi_alex Wrote: But more and more, I'm wondering if there is any valid reason to hold more than 15-20 tickers.
I'm not sure there is a right answer to this one. I've only got about 20 companies right now and I am not at all uncomfortable that I am in danger from lack of diversification. Most of my holdings are gigantic global companies in their own right. I've always assumed I'd end up in the 30 to 40 stock range, but I have no specific target in this regard. And as cannew rightly points out, sometimes it is the opportunities that will dictate if you get into a company in the first place.