The Motley Fool Discussion Boards
Learning to Invest / Investing Beginners
|Subject: Re: Portfolio Weighting||Date: 10/28/2012 7:21 AM|
|Author: wrjohnston91283||Number: 26245 of 28042|
Eight individual stocks would be too few for my tastes.
Looking at the sectors you have (I've combined Corning and Intel):
Consumer Staples/Healthcare 10.5
Industrial Goods 10.5
Consumer Discretionary 3.5
I think you are a bit heavy into automotive, especially since it's only one stock. I own Ford as well and feel they will do well long term, but I wouldn't put 27% of my portofolio into them since they still have the debt that they didn't shed by filing bankruptcy that GM and Chrysler did.
Tech is the same thing - you have almost 30% of your portfolio in two companies, one of which has not has a good past few years due to commodity costs with foreign competition (Corning); even intel is having some trouble this year, although both have decent dividends (3% for corning and 4% for intel). If you want to be bullish on information technology look into the ETF VGT (http://finance.yahoo.com/q/hl?s=VGT+Holdings) and check out its top 10 holdings (Intel