Portfolio Strategy

Portfolio Strategy

We were listening to Jim Cramer on CNBC today and he was stating that no individual should ever own more than 10 stocks at any one time. If more, it is a mutual fund. There is not enough time to do the proper research on more than 10 stocks.

This also fits into our 10/10/10 game plan. Our system will never recommend more than 10 stocks to be held at any one time. It will never recommend risking more than 10% on any one stock ( It never rides a loser). The system will never recommend more than 10% of a portfolio’s value be in one stock.

As our clients learn this strategy along with our buy and hold plan will also notice much more bang for the buck in owning fewer well performing stocks.