I currently hold 15 stocks in my VP with room for a few more, though I'll probably reserve some cash for hedging purposes as the market has been acting very toppy since January: poor breadth, Dow Theory non-confirmation, R2K nonconfirmation, can't break out to new highs (but can't break down to new lows either), rising credit yield spreads. It can be hard to tell a sideways/consolidation from a top when theres no downwards action, though. It all relies upon confidence and Joe Sixpack really is not [back] in the market yet.
I suspect we'll probably go sideways or have a minor fall swoon correction into the 2015.75 turning point. If the latter, there's a good chance it will fake everyone out into a final Treasury bubble high. Although, I do have a hard time perceiving how Treasuries can possibly peak anytime soon when the rest of the world's Treasuries would have to go belly up first. Where would all that capital go if not our Treasuries? We shall see, that much is for certain.
How many stocks do you hold in your VP?
How many stocks are in your VP?
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MachineGhost
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How many stocks are in your VP?
"All generous minds have a horror of what are commonly called 'Facts'. They are the brute beasts of the intellectual domain." -- Thomas Hobbes
Disclaimer: I am not a broker, dealer, investment advisor, physician, theologian or prophet. I should not be considered as legally permitted to render such advice!
Disclaimer: I am not a broker, dealer, investment advisor, physician, theologian or prophet. I should not be considered as legally permitted to render such advice!
Re: How many stocks are in your VP?
MG,
The book answer is 20. I forget the math details but essentially 20 is the number where you don't get much more diversification benefit by adding more while below that you miss out on some of it. Personally I believe the answer is more accurate depending on what you are investing in and what your VP objective(s) is. For example, one could make a case that BRK.B/A is all you need or if you are doing biotech start ups more than 20 is needed
The book answer is 20. I forget the math details but essentially 20 is the number where you don't get much more diversification benefit by adding more while below that you miss out on some of it. Personally I believe the answer is more accurate depending on what you are investing in and what your VP objective(s) is. For example, one could make a case that BRK.B/A is all you need or if you are doing biotech start ups more than 20 is needed
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MachineGhost
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Re: How many stocks are in your VP?
How did you perceive that in my post? Very interesting!Kbg wrote: The book answer is 20. I forget the math details but essentially 20 is the number where you don't get much more diversification benefit by adding more while below that you miss out on some of it. Personally I believe the answer is more accurate depending on what you are investing in and what your VP objective(s) is. For example, one could make a case that BRK.B/A is all you need or if you are doing biotech start ups more than 20 is needed
"All generous minds have a horror of what are commonly called 'Facts'. They are the brute beasts of the intellectual domain." -- Thomas Hobbes
Disclaimer: I am not a broker, dealer, investment advisor, physician, theologian or prophet. I should not be considered as legally permitted to render such advice!
Disclaimer: I am not a broker, dealer, investment advisor, physician, theologian or prophet. I should not be considered as legally permitted to render such advice!
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dualstow
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Re: How many stocks are in your VP?
About 60. Don't ask me what they are, b/c I will shortly be out of town and mostly without internet for about a week.
In general they are dividend raisers, stodgy old stocks from pre-boglehead pre-pp days. I do hold the holy trinity of Apple-Tesla-Google, though.
In general they are dividend raisers, stodgy old stocks from pre-boglehead pre-pp days. I do hold the holy trinity of Apple-Tesla-Google, though.
Last edited by dualstow on Sat Jun 13, 2015 3:25 pm, edited 1 time in total.
RIP LALO SCHIFRIN
Re: How many stocks are in your VP?
Read it wrong.MachineGhost wrote:How did you perceive that in my post? Very interesting!Kbg wrote: The book answer is 20. I forget the math details but essentially 20 is the number where you don't get much more diversification benefit by adding more while below that you miss out on some of it. Personally I believe the answer is more accurate depending on what you are investing in and what your VP objective(s) is. For example, one could make a case that BRK.B/A is all you need or if you are doing biotech start ups more than 20 is needed
? I have 6.-
MachineGhost
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Re: How many stocks are in your VP?
Wow, how do you keep track of so many? Do these include your client's newsletter picks?dualstow wrote: About 60. Don't ask me what they are, b/c I will shortly be out of town and mostly without internet for about a week.
In general they are dividend raisers, stodgy old stocks from pre-boglehead pre-pp days. I do hold the holy trinity of Apple-Tesla-Google, though.
"All generous minds have a horror of what are commonly called 'Facts'. They are the brute beasts of the intellectual domain." -- Thomas Hobbes
Disclaimer: I am not a broker, dealer, investment advisor, physician, theologian or prophet. I should not be considered as legally permitted to render such advice!
Disclaimer: I am not a broker, dealer, investment advisor, physician, theologian or prophet. I should not be considered as legally permitted to render such advice!
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MachineGhost
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Re: How many stocks are in your VP?
Fully invested or are you keeping space for future picks?Kbg wrote: Read it wrong.
"All generous minds have a horror of what are commonly called 'Facts'. They are the brute beasts of the intellectual domain." -- Thomas Hobbes
Disclaimer: I am not a broker, dealer, investment advisor, physician, theologian or prophet. I should not be considered as legally permitted to render such advice!
Disclaimer: I am not a broker, dealer, investment advisor, physician, theologian or prophet. I should not be considered as legally permitted to render such advice!
Re: How many stocks are in your VP?
I have one: EKSO (Ekso Bionics - the Wearable Exoskeleton company). I believe its a market poised for growth in the future.
I used to own Tesla. Sold at a 100% profit when it was around $50 a share. Now it's $250
. At least I can have solace in that I didn't think it could go any higher when it was at $50 hah.
I used to own Tesla. Sold at a 100% profit when it was around $50 a share. Now it's $250
. At least I can have solace in that I didn't think it could go any higher when it was at $50 hah.Background: Mechanical Engineering, Robotics, Control Systems, CAD Modeling, Machining, Wearable Exoskeletons, Applied Physiology, Drawing (Pencil/Charcoal), Drums, Guitar/Bass, Piano, Flute
"you are not disabled by your disabilities but rather, abled by your abilities." -Oscar Pistorius
"you are not disabled by your disabilities but rather, abled by your abilities." -Oscar Pistorius
Re: How many stocks are in your VP?
KBA, IEV, KRE, CYBR, GILD, SBUX, GPRO, HZNP. That's eight I believe.
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MachineGhost
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Re: How many stocks are in your VP?
That's not as bad as me selling Bitcoin when it was only $40 or something like that. My only solace was that its unlikely anyone got their money out of that Japanese exchanger. Storm made out big and he hasn't been seen here since! He must be living high on the hog.1NV35T0R (Greg) wrote: I have one: EKSO (Ekso Bionics - the Wearable Exoskeleton company). I believe its a market poised for growth in the future.
I used to own Tesla. Sold at a 100% profit when it was around $50 a share. Now it's $250
Last edited by MachineGhost on Sat Jun 13, 2015 7:42 pm, edited 1 time in total.
"All generous minds have a horror of what are commonly called 'Facts'. They are the brute beasts of the intellectual domain." -- Thomas Hobbes
Disclaimer: I am not a broker, dealer, investment advisor, physician, theologian or prophet. I should not be considered as legally permitted to render such advice!
Disclaimer: I am not a broker, dealer, investment advisor, physician, theologian or prophet. I should not be considered as legally permitted to render such advice!
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MachineGhost
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Re: How many stocks are in your VP?
How many more do you plan on buying?Reub wrote: KBA, IEV, KRE, CYBR, GILD, SBUX, GPRO, HZNP. That's eight I believe.
"All generous minds have a horror of what are commonly called 'Facts'. They are the brute beasts of the intellectual domain." -- Thomas Hobbes
Disclaimer: I am not a broker, dealer, investment advisor, physician, theologian or prophet. I should not be considered as legally permitted to render such advice!
Disclaimer: I am not a broker, dealer, investment advisor, physician, theologian or prophet. I should not be considered as legally permitted to render such advice!