Diversified High Risk/Reward Portfolio for Buy and Holders.
Only think about it once!
**Disclaimer: I am entertaining the laziest side of my nature with this. Which is actually getting less lazy, which I think is a plus.**
The idea is 10 stocks, and you put 10% of your stock portfolio into each of them.
I have diversified by sector. But, at the end of the day I was trading what I saw on the screen rather than forcing myself into a sector which resulted in some over/under represented sectors. Not to mention the number 10 is entirely from thin air. I promise you I possess the ability to count to 11. Conversely, I also possess the ability to stop at 9. Fascinating.
I am selecting entirely based off of what comes up on a technical scanner. Obviously I am a part of the process so there is some bias involved. My goal was to take stocks that are trading at or around 25% of their previous all time highs. The idea being you have a lot to gain on a strong recovery.
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The list:
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ACB - pharma
EOLS - pharma
CNK - consumer discretionary
SPCE - aerospace
SKLZ - entertainment
HIMS - healthcare/beauty
MRO - energy/oil
OVV - energy/oil
EPC - personal care
EGAN - software
I wanted to include more financials, but a lot of those stocks were too strong to fit the criteria. Citigroup (C) was the closest I could find, but it's been down for a decade so I scratched it.
This is not financial advice, but if you do it let me know how it goes.
**Disclaimer: I am entertaining the laziest side of my nature with this. Which is actually getting less lazy, which I think is a plus.**
The idea is 10 stocks, and you put 10% of your stock portfolio into each of them.
I have diversified by sector. But, at the end of the day I was trading what I saw on the screen rather than forcing myself into a sector which resulted in some over/under represented sectors. Not to mention the number 10 is entirely from thin air. I promise you I possess the ability to count to 11. Conversely, I also possess the ability to stop at 9. Fascinating.
I am selecting entirely based off of what comes up on a technical scanner. Obviously I am a part of the process so there is some bias involved. My goal was to take stocks that are trading at or around 25% of their previous all time highs. The idea being you have a lot to gain on a strong recovery.
-----
The list:
-----
ACB - pharma
EOLS - pharma
CNK - consumer discretionary
SPCE - aerospace
SKLZ - entertainment
HIMS - healthcare/beauty
MRO - energy/oil
OVV - energy/oil
EPC - personal care
EGAN - software
I wanted to include more financials, but a lot of those stocks were too strong to fit the criteria. Citigroup (C) was the closest I could find, but it's been down for a decade so I scratched it.
This is not financial advice, but if you do it let me know how it goes.
Disclaimer
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