If someone were to construct a portfolio of good companies, how would you arrange it?

Many choices, but think ETFs, more diversified, less risk, less hassle, no doubtful active stockpicking, excellent above-average performances.

global: VT

U.S. and very successful: VOO or IVV

U.S. Technology: VGT or QQQ

U.S. Biotechnology: FBT, XBI

China: PGJ

Hi Kelvin, if I were the person in your example, I would invest in a mixture of growth and mature companies. 70% of my portfolio would be in growth stocks like Tencent, etc, while the remaining 30% would be in mature companies like the VICOMs, etc.

Mature companies, by virtue of where they are in their business cycle, usually pay dividends but it's alright for me. Dividend-paying companies are less likely to fall heavily during a market downturn as compared to non-dividend-paying companies. The mature companies are deemed to be "safer" and are there to cushion my portfolio.

Growth stocks would usually be volatile in the short-term so I need to be able to stomach those wide movements.

I'll look into this in two ways. One way is a basket of ETFs using VT, SPY and maybe something like IPAY.

Second way is to diy a basket of good stocks. Counters like MCD, TGT, DIS, MA, V, INTC, AAPL, KO.

It would be a mixture of growth stocks and value stocks. Growth stocks would be those that is at small-mid cap but have huge potential to excel in the future. Some examples I can think of are like JD, Intelligent Systems. Value stocks would be like Facebook, Google, definitely not as fast as growth stock, but it's something that has matured and you know that it will probably just continue to rise as well in the long term. If possible, I would also include ETFs like IWDA/S&P, just for that slight diversification. In total, I'm looking at 6-8 stocks with portfolio size varying from 10%-20%!