There's a saying that diversification is for the rich, not those trying to get there. I think that is what you are feeling. I hoenstly think the right course is to set yourself up for life, no debt, and have the rest in growth stocks. If I had to pick 10 stocks, I would pick: Qcom, Jdsu, Txn, Csco, Nok, Brcm, Sebl, Glw, Amat or Nvls, Intc. If you had room for others, I'd then add, Bvsn, Vign, Ntap, Cmrc, Arba, Lsi, Yhoo, Inkt, etc.
Every year I go through value line and try to convince myself tp buy value now since I have enough. This was the first time I almost did. Pick one up and try to see if you can justify buying PG and all. I think you will see that it just doesn't make sense. If you are going to go that way, you are going to end up trying to grab things like WMI, rather than Ko. You end up buying turn arounds and things below book. It just doesn't work real well. It may make some sense to just buy BRK for all non tech plays. Why not let Buffett handle that part of your porfolio? He will know what to do.
All the best
Gene |
