Q: I got a question regarding my LIRA. I have 26 stocks in the account and I am just curious if I have too many or now enough. Also if I am diversified enough or to heavy in a certain sector. MY one rule I have for this account is the company must pay a dividend.
The securities that I own are as follows:
ALA, AGNC, ARX, T(AT&T), BTE, ZWB, BNP, CNK, CPG
DCI, DFN, DD, FTS, FRU, HR.UN, IDX.UN, JNJ, LIQ
MRT.UN, PPL, PKO, POW, REI.UN, SBUX, SPH, WJX
I am above on almost all stocks and have held most of this since April 2011. My lowest holding is 1.15% of portfolio and my largest holding is 10.81 % of portfolio. My general rule is no one stock should be over 5% of portfolio. (SBUX and JNJ have gone up and now break this rule)
What are your thoughts on this portfolio and if you recommend selling anything what would I replace it with long term (15 plus years)
Thanks.
The securities that I own are as follows:
ALA, AGNC, ARX, T(AT&T), BTE, ZWB, BNP, CNK, CPG
DCI, DFN, DD, FTS, FRU, HR.UN, IDX.UN, JNJ, LIQ
MRT.UN, PPL, PKO, POW, REI.UN, SBUX, SPH, WJX
I am above on almost all stocks and have held most of this since April 2011. My lowest holding is 1.15% of portfolio and my largest holding is 10.81 % of portfolio. My general rule is no one stock should be over 5% of portfolio. (SBUX and JNJ have gone up and now break this rule)
What are your thoughts on this portfolio and if you recommend selling anything what would I replace it with long term (15 plus years)
Thanks.