Quote:
Originally Posted by philfree
I don't need it anytime soon. I have some tech stocks but this is would be a whole different portfolio. $100,000.00 divided into 10 stocks with $10,000.00 in each. I want to see what the Chiefs Planet investment gurus can come up with. Or you could do 12 stocks @ $8,000.00 ea.
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Okay, here is my .02.....$100,000 divided by 10 stocks = gambling.
I would not invest in any individual stocks. Not unless you are a damn good stock picker and most people are not. This is going back to a stock pickers' market.
Therefore, I would
A) Invest in mutual funds
B) Not have all my money in stocks
If you are talking about a 7-10 year time frame I would piece in stocks up to around 60-70% depending on your age. I would spread that around in a SP500 fund, a tech fund, euro fund, asian fund and latin american fund
The rest I would just sit in cash as rates are going up and therefore bonds will be taking it on the chin over the next couple of years.