Boom !!!!.there's your answer Bottom Feeder when you were wondering if you should reduce your holdings. The above was posted 2 weeks ago and there we go , Greg T sneaks' in another cheeky mill right on cue. ( and we`ve got Covid back:scared:)
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Yep . Will just have to top up myself.
https://www.interest.co.nz/property/...ing-two-thirds
well if this keeps up....
Most will know I’m a big fan of OCA, I think it’s one of those reasonably rare opportunities to accumulate a sizeable holding (relatively) In a great company while under valued imho, but this time I’ve broken every rule of diversification. Except maybe the Couta Rule which is there are no rules and go hard or go home! 😳🤩
Wise words as always, could I suggest:
2a] Put a lot of eggs but not quite all of them in one basket and watch them like a hawk
2b] put the rest into other baskets that hopefully cover your rear in case you’ve screwed up with 2a
lol 😂 whatever eh, when you’re in deep your focus is like a laser
Not sure I'm following any particular rule book, but for me atm it's about 60% OCA, 25% HLG, both of which I think provide a great foundation for my portfolio. The remaining 15% I'm a bit more loose with, higher risk/return perhaps while checking the diversification box just a little. I'm trying to expand on that 15% of other stuff, but at the same time it's hard not to keep topping up on the other two as dips present themselves.