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Don't worry about me John, I am diversified, even if on the high risk side.
I am 15% blue chip,5% cash, 80% spec at the moment.
BUT I consider my specs to be very good prospects and very well diversified but weighted towards resources because of the miner dotcom syndrome.
Amongst them I have oil, gas, diamonds, silver, nickel, gold x4, gas engine conversion,B2B x2, telecommunications (one with strong revenue and profit),a net portal, strong links with undersea communications cables plus a bit more.A couple have been sold down so that only profit is sitting there.
I own property and half my house, have a decent amount in super for my age and am about to have 2 incomes again when my wife starts back from maternity leave.
I could still put food on the table if the bubble burst tonight so I figure it's worth a punt to use this way to build up my blue chips.
All the same, appreciate your input and agree with nearly everything you said.
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