Because of this, I'm gonna knock 50c off my Infratil buy-in price, which was a well thought out, charted, and researched $9.99.
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I was wondering mate so thought I shud ask u ....
U have two stock portfolio with CURRENT ratio being 80% IFT and 20% FPH as per your last disclosure .
Did u start with these ratios OR over the period of time it became like this keeping in view IFT doing much better then FPH at present ...may had been different when FPH was flying high above $ 36 ?
PS : Aim is to know how to manage such simple portfolios ...keep rebalancing at regular intervals or let them run as they go ?
I always have taken up allotment of most new listings since the 80's up until around 5 years ago.
Lately I haven't added any new listings as I couldn't get enough to be worthwhile or appeared sub par investments/businesses cf IFT or FPH
I added more IFT as I went & maintained initial FPH(did sell some FPH,15%, 5? years ago)
& sold the other laggards when needed some funds for other investments or when market seemed to be turning & needing to pay off some OD
From memory sold
FBU many moons ago
WHS @ $7.50 cashed for projects
Skl @ $2.50 after buying in cash issue @ $0.50
AIA $6.20 after reading book on pandemics
RBD @ $2.50? after buying in when RBJ disclosed his holding
ARV $1.30 on way up when market turning pay off some OD
Turners @ $3.50 when market turning pay off some OD
SKC @ $3.50 when market turning pay off some OD
MHI,NPH,THL, etc pay off some OD
Now comfortable letting them run as I go with no rebalancing.