Tim,
I am refining my non-IRA portfolio to have/use
~35% in core holdings (AOL, RNWK, TYC, EMC, etc.)
~25% in a variety of mutual funds (don't trust myself!)
~25% in position trades (1 day to a couple months)
~15% in cash (for either day trades or for
temporary holdings)
The most I spend on any one stock is about 15k.
I also trade on my IRA portfolio. For that I do
~%50 in a variety of mutual funds
~%50 in stocks (of any kind and for any time)
My mutual funds are very well balanced - small/medium/large
cap, value/balanced/growth, domestic/foreign.
My stocks are *not* well balanced - only high tech
internet, telecom, software, & hardware) & drug/health.
The dog you know is better than...
I use an excel spreadsheet each evening to analyze and
prune my portfolio based on several metrics...
I'm up 50% since about July. It will be interesting,
however, if the bear returns (which I don't think will
happen too soon)...
China is growing on-line, Europe is consolidating, and
America is fine tuning its growth, and that is all good for
us here in the states.
JFK's father Joe took his money out of the market when the
shoe-shine boy (no not underdog!) started talking stocks.
We're getting somewhat close to that point. ;v)
Ciao,
/G3 |
