Crius Energy Trust Tr Unit CRIUF

Importance of having a balanced stock portfolio

[hawk35]

The trading in Crius today shows the wisdom of having a balanced stock portfolio and not being over weight in any stock.  I rebalanced a few weeks ago after a good run and am holding 14 stocks.  Don't like holding more than 14 because of the time research takes for each one.

I'm underwater by $2,500 in Crius today but made $6,500 in the STB buyout this morning.  And other stocks like DR are doing good today.  While I don't like what happened with Crius I'm not getting too excited about it.  One thing I won't do is buy more Crius to average down because regardless of the perceived opportunity I won't be overweight in any stock.  You can't put a dollar value on sleeping sound at night.

[deisman03]

BROKERS LOVE BALANCED PORTFOLIOS.  Most investors can't afford them and their profits languish because of them.  Stil, it's your money.  I most certainly won't say don't play more than one stock/trust but at least do it in a meaningful way. I have close friend that will only trade through the advice of his broker. He's had several. He's averaged 2% over

[hawk35]

I don't use an advisor and handle all my own transactions through Action Direct and TD Waterhouse.  Do my own research and constantly look for new ideas.  Never fall in love with a stock and when it approaches the target price, its sold.  I keep a list of 6 stocks that are out of favor but have strong fundamentals and I cycle through the list as I sell my winners. Three years

[Pandora]

Can we put the emphasis on "a few lucky buyouts"? certainly not the dividends for a 250% increase.

[hawk35]

Yes you can.

[hawk35]

Sorry my first reply was simply Yes.  You deserve more than that.  My first big move was The Brick.  Almost bankrupt  but their new CEO bill Gregson turned it around and Leon’s bought them.  I retired early  after this move.  Then came Capstone infrastructure.  Another buyout.  Then came Ithaca energy,  Big buyout for me.  Today with STB

[deisman03]

I invest in a similar manner. It's a good common sense approach.