Well, Snas, lets take a look at your reasons:
1. You believe Qcom share price appreciation will slow down, and you are looking for investments that you expect will exceed that of Qcom, going forward.
Well, it went up 2400% last year, and it sure as hell ain't going to do that much this year! I still think it is the strongest growing Gorilla around, and I feel totally safe in it. I will sell 25% at earnings if they just meet the numbers, If they blow them out,
I will "ride the tiger"!
2. You're understandably bored of a 1-stock portfolio
I don't want just one partner at a dance, and variety would be nice in my portfolio.
3. You're looking for safety thru diversification.
If I buy JDSU, CREE, and EXDS, I will look on it as a little more risky, but a lot more fun.
I will also keep about 4 years cash, at interest, just for comfort. Now that I have made my second goal I am really not under any personal pressure to make more money. From here on in, its pride. So why risk it all?
I did not like the drop we had in Q when I did not have much cash on hand. I will sleep better with some money in the account.
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