How many different stocks you have in portfolio? I have 30. Is that too many?

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Welcome to shopify sea world..I am down more than 50% in it

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I’m assuming your aspiration is to beat the index. If so, that is too many stocks. You can’t follow 30 companies in depth.

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Ah sorry about that. I was reading it differently - I actually do prefer 10-15 companies as well, but I know folks who like to have more holdings and more diverse exposure.

Sorry for trying to pick apart the wrong argument

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I have one $4 shipping company. Just one. How much? 100k shares. So 400,000 dollars. One company. Mark cuban even said not to diversify cause it just means you’re not confident

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I have similarly shifted from having 3 ETFs and multiple stocks to now only holding 4 stocks I have conviction in

Just buy solid etf like Spy , QQQ. Long run it’s hard to beat etf and why take the pain of managing so many stocks

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Any specific ones to get rid off?

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Lmfao. And you’re poor.

ASAN and DOCU have been having a hard time lately but if you have confidence in the businesses, HODL.

Too cool for index funds?

Lmfao. Foh. People at kpmg are straight cookie cutters. Stick to internal audits. This def ain’t for you

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You should add apple and Nvidia

Good luck

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Don't buy high and sell low.

If I were you, I would make the list now and wait end of the year to harvest losses.

With my luck ...Right after it is too late and the economy is in the gutter.

This is not financial or tax advice.

It depends on how much time you can devote to managing your portfolio but I would definitely say 30 stock positions is too many I will try to get it down to 10 if not less. Unlike the rest of the shit the financial industry spews If you listen to Warren Buffett diversification is really for people who have no idea what they’re doing

However I love how it’s just The go to of the average financial planner to tell you oh let’s get you into a nice safe diversified portfolio with ETFs and mutual funds and etc. And that’s all fine and dandy but if you Should be able to also pinpoint 5 to 10 individual stocks of solid companies that you want to invest in.

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