04-02-2013, 03:08 PM
(04-02-2013, 12:14 PM)hongonn Wrote: When it comes to buying stocks for your portfolio, i always remind myself limiting my bat swinging to 3 times a year. You tend to treasure more about your swings, make sure it really hit the ball.
If you don't limit it or make it like 50, 100 times a year. Any balls come by good ball bad ball you also hit. The chances of miss hitting the balls also high.
Besides i find it hard to keep more than 15 stocks at 1 time, for individual very hard to monitor so many. Also finding 15 good stocks at good price is also very hard in SG. Not to talk about the good stock getting less and less by the days delisting privatizing and getting acquired.
So want to get more stocks want to diversify also cannot :p
So the choices are
- get focus and limit to only 10-15 stocks, otherwise no time to understand each one of them enough.
- if want to diversify to more than 15, then need to filter base on few performance ratios without going into detail. So not much time needed for each one of them.
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡