11-20-2014, 11:31 AM
(This post was last modified: 11-20-2014, 11:32 AM by Dividend Watcher.)
Same here.
In my spreadsheet, I have a cell with projected overall portfolio value in 2 years (an educated guess and sort of a goal). For each company in my "desired holdings" I list the percent of the portfolio I want each company to comprise. From that I calculate the number of shares I should hold to approximate that value and have a column showing how many shares I'm over or under.
My desired holdings list includes companies that I don't already own so I can see what my goal is when the price is right. This list changes as I add companies that interest me or delete those that aren't performing so well.
The percentage varies. For the core holdings, it's 4% and ranges down from there. The goal is to get close to the expected amount. Speculative holdings are typically 0.5-2% maximum for each position. My Portfolio Business Plan <ahem!> allows up to 5% of my entire portfolio to be in special situations/speculative stocks.
In my spreadsheet, I have a cell with projected overall portfolio value in 2 years (an educated guess and sort of a goal). For each company in my "desired holdings" I list the percent of the portfolio I want each company to comprise. From that I calculate the number of shares I should hold to approximate that value and have a column showing how many shares I'm over or under.
My desired holdings list includes companies that I don't already own so I can see what my goal is when the price is right. This list changes as I add companies that interest me or delete those that aren't performing so well.
The percentage varies. For the core holdings, it's 4% and ranges down from there. The goal is to get close to the expected amount. Speculative holdings are typically 0.5-2% maximum for each position. My Portfolio Business Plan <ahem!> allows up to 5% of my entire portfolio to be in special situations/speculative stocks.