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Strategies & Market Trends : Value Investing

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To: James Clarke who wrote (16025)1/2/2003 12:05:05 PM
From: Jurgis Bekepuris  Read Replies (1) of 78650
 
In regards of diversification, I will be beating my personal horse: mutual funds + stock investing. :-)

I don't know about the circumstances of other people, but for me quite a large percentage of investment dollars is in 401(k), which does not allow stock investing. So even if I wanted to concentrate my positions, XX% of my portfolio has to stay in mutual funds - S&P500, value funds, etc.

Considering the above, I don't see a point of having more than 10-15 positions in my active accounts. Lately, I don't even have enough time for these 10-15 positions, so the number may decline even lower. If I sell existing positions and don't have time or ideas for new ones, I would probably buy selected mutual funds.

Jurgis
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