Matthew Clinger wrote:
Stocks are bought by investing as near the same amount in each one as you can, of course. Only an idiot would try to weight a portfolio by shares instead of by dollar amount.
And no, I don't do international stocks. Ever.
Interesting. So you'd buy all those stocks in equal proportion? That's your recommendation? I figured you'd want to at least spread out the risk a bit by industry. You have energy stocks, financials and a different number of each. So then, if you do as you suggest, you are tilted more towards other industries? Of course, there is no science to it b/c you don't really know anything about any of these companies. Sure, we can all spout off of what is on morningstar, but you know nothing about them....
The international thing is a bit short sighted, no?
BTW, I never suggested to buy in equal share amounts, just that you lack a methodology of diversifying across industries.
"If you only have 1 year to live, move to Penn...as it will seem like an eternity."
Good to see you back, I was starting to miss your incisive commentary!