facebookI am a long term investor, any advice to reposition my portfolio? I currently have 10 US companies in my portfolio. I am thinking of cutting short to 5 US companies. Any thoughts? - Seedly
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Jeff

Level 1

13 Oct 2020

I am a long term investor, any advice to reposition my portfolio? I currently have 10 US companies in my portfolio. I am thinking of cutting short to 5 US companies. Any thoughts?

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    What are your thoughts?

    You'd better switch to ETFs, f.ex. CSPX or VOO instead of investing into single U.S. stocks, too risky to underdiversify

    what to avoid, here:

    https://seedly.sg/questions/what-is-your-general-investing-philosophy-strategy

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      Based on my interpretation on your question, I won't think cutting down on the companies basing just on the countries it is based in (USA) would be a good way of diversification unless your main concern is due to the political uncertainty in the coming few months. If it is based on the political uncertainty and you're thinking of diversifying then i would think that you should remember the initial reason on why you picked the 10 companies that you currently have. I would think short term volatility in the US in a certain but unless capitalism changes in a huge way in the USA, over the long term, things should work out fine.

      I would think diversification could possibly come in the form of different industries. Let say if your 10 companies are all in tech then yes, I would think diversifying would be a good option. And i would assume that the 10 companies you have currently have mainly global operations instead of just a pure US operations. I don't think diversifying for the sake of diversification is a good idea.

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        Hi Justus,

        It really depends how much you understand about the companies you own. Warren Buffett an...

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