tag:blogger.com,1999:blog-3359808312138659853.post337400914830860366..comments2024-02-26T21:10:26.057+11:00Comments on Journey to 90 million: Always know why you are invested in a stock...and at what price you would be willing to sell90million bloggerhttp://www.blogger.com/profile/02641334742379054513noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-3359808312138659853.post-38740039814278594752014-08-19T18:25:45.154+10:002014-08-19T18:25:45.154+10:00Hi Jef!
I agree. How to Be A Stock Market Genius...Hi Jef!<br /><br />I agree. How to Be A Stock Market Genius is quite a specific book which is why I only suggest it for experienced investors. I think it gives great ideas on where to look for investment ideas but you really do need to have the basics down first. I just finished re-reading the classic "one up on wall street" which I think is awesome.<br /><br />The 'how many stocks' question is a complicated one. I think I wrote a post on it sometime ago. It really comes down to how many you can follow comprehensively at once. I think ETFs and index funds complimented by individual investments is a great way to go (whether those investments are cash, property or even individual shares - i.e. your one or two winners).<br /><br />Take some time and work out what works for you. Everyone has different preferences when it comes to investing so try a few things and see what works.90million bloggerhttps://www.blogger.com/profile/02641334742379054513noreply@blogger.comtag:blogger.com,1999:blog-3359808312138659853.post-59707814846690723082014-08-19T16:29:49.904+10:002014-08-19T16:29:49.904+10:00Great points here 90M, am nearly done reading how ...Great points here 90M, am nearly done reading how to be a stock market genius and I must confess that I haven't really absorbed that much (I feel that I am probably more of a learn from getting hands on sort of person)..<br /><br />How many stocks would you recommend an individual should and can maintain? I'd say any more than 10 and you'd probably struggle right.. Personally I've always though ETF's are a decent way to go. Sure you probably won't have spectacular returns but I would rather invest (pardon the pun) my time doing other things i.e. business, spending time with family etc..<br /><br />What are your thoughts then on a purely ETF (but diversified i.e. international, Aussie etc) share portfolio then topping it up with some cash (to have great liquidity and property for the longer term?Anonymoushttps://www.blogger.com/profile/14315435106307275069noreply@blogger.com