One of the most respected investing icons in this generation is Warren Buffet. You may have heard from experienced traders and investors that Warren isn’t actually investing in stocks. But that he is actually buying companies.
In a way, if you buy shares of a good company, you are indeed buying a portion of it. You become a part owner.
Mind you, Warren Buffet is not the type of investor who buys stocks on a whim. He looks at certain factors when picking stocks for long term investment. Continue reading 5 Qualities You Should Look For In A Good Stock Investment
Are you a beginner in stock investing? Have you been asking the veterans in the stock market about the “required” number of stocks that you should have in your portfolio? The truth is, their answers to you can never be the absolute reality as the real answer depends on your situation as an investor.
In the US and some Asian countries, many long time investors would advise the new ones to invest in at least 10 stocks so your portfolio can be considered as diversified. Or if possible, make it 20 stocks as long as they come from different industries.
In the Philippines, many “mentors” will tell you to keep 8 stocks at most from different industries so you can easily monitor and manage your portfolio. Others will say that you need to focus on 3 to 5 stocks only. Continue reading How Many Stocks Should You Have In Your Portfolio?