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Politics : Gold and Silver Stocks and Related Commentary -- Ignore unavailable to you. Want to Upgrade?


To: loantech who wrote (6105)2/11/2005 9:25:21 PM
From: TrueScouse  Respond to of 18308
 
I agree with you in some ways Tom. I now find myself in a position where I'm "too diversified"! It's taking a lot of time and I would probably have almost the same risk / reward exposure with only 10 stocks instead of 50. But the problem is I couldn't decide which to keep and which to sell. And I'd kick myself if I sold one and it then became a mega-bagger. So I just keep them all and sell some if and when they "pop" and put the proceeds back into them when they're undervalued. But I can only do this because I'm confident the PM bull is in its early stages. Otherwise it's a very dangerous strategy. Like catching multiple falling knives!

So, as they say, by all means keep all your eggs in one basket, but hold onto the basket very tightly. <g>

Best regards,
Howy