Q: Re: Model Portfolios
I'm interested in establishing a portfolio based on your models but as I did not buy the stocks on day 1 when they were created, I'm wondering if there is an optimum time to begin buying in an attempt to recreate and track the existing model portfolios in the current time frame. If I were to simply buy the listed stocks in the models today, I would be faced with the following concerns:
1) in the case of stocks that are rising and have appreciated significantly - have I missed the best part of any gains on these stocks already?
2) in the case of stocks that have not fared as well as expected in the model portfolio - have things changed to the point where you may be considering dropping a particular stock and replacing it with something else?
As the selections for the model portfolios were made some number of months ago, would you recommend establishing a complete new portfolio based on your models immediately and completely on any given start date, or is there some other criteria that you would use for building a portfolio from start?
Thank you.
I'm interested in establishing a portfolio based on your models but as I did not buy the stocks on day 1 when they were created, I'm wondering if there is an optimum time to begin buying in an attempt to recreate and track the existing model portfolios in the current time frame. If I were to simply buy the listed stocks in the models today, I would be faced with the following concerns:
1) in the case of stocks that are rising and have appreciated significantly - have I missed the best part of any gains on these stocks already?
2) in the case of stocks that have not fared as well as expected in the model portfolio - have things changed to the point where you may be considering dropping a particular stock and replacing it with something else?
As the selections for the model portfolios were made some number of months ago, would you recommend establishing a complete new portfolio based on your models immediately and completely on any given start date, or is there some other criteria that you would use for building a portfolio from start?
Thank you.