Thank you - now have a Portfolio if you would like to review

[ChilliBlue]

Dear all

I have been on this site for a a little while reading the various posts and doing my own research - basically building up the confidence to actually buy shares.

Thanks to all the great ideas and opinions shared, I have in the last few weeks been buying up and creating my portfolio. I actually have an idea on when to sell each stock if they begin dropping and when to take profits.

I have tried to have a portfolio that has some growth and well as some income.

This is the split:

31.5% Health: Sonic and CSL

24.5% Materials: BHP and Woodside

22% Financials: CBA, Westpac, Macquarie Bank

18% Consumers: Westfarmers, Goodman Fielder, QBE

2.5% Telecommunications: Telstra

1.5% Industrials: Toll

I know that no financial advise is allowed, but I would love to your opinions on the above.

I am looking at perhaps taking on one or two more stocks.

Again thanks for everything.

 

[Sean K]

Look like good companies to me.

Why the overweight on healthcare?

 

[ajjack]

With a portfolio like that, how can you go wrong?

Only comment I make is that you may be spread and weighted
a bit too wide, for a newbie.
But if you feel comfortable with your choice .. go for it.

I myself favor Minerals and Financials, ATM.

 

[ChilliBlue]

Thanks for the replies.

The reason for the overweight on Health is that I picked them quite low and had cash available. I am focused at perhaps adding more on the others if the prices are right.

 

[nunthewiser]

personally think in current climates and US and AUS ( plus others) gov spending , being slightly overweight in the health/bio sector not a bad idea .

personal opinion only

i hold various bio and healthcare stocks including CSL currently

 

[Real1ty]

I think you have picked some quality companies and if the market continues to appreciate, you will most likely do very well and if we see some downside should manage to limit losses with that healthcare exposure, especially if the AUD falls, which will most likely happen in a falling market.

I think you should be very happy with your choices and depending on what prices you paid, you have done well.

Good luck....

 

[So_Cynical]

I would love to your opinions on the above, I am looking at perhaps taking on one or two more stocks.

Your portfolio is so blue chip its hurting my eyes :millhouse there's no real estate, and very limited gold/commodity's exposure.

 

[skc]

Nice portfolio for starters. Solid companies that will provide good mix of growth and income.

Over time consider adding some mid to small cap stocks that have higher growth potential to complement this core portfolio.

QBE is a financial stock BTW.

 

[Julia]

Look like good companies to me.

Why the overweight on healthcare?

I'd ask the same question, especially since neither of these has done much for some while. At least SHL has a reasonable yield, unlike CSL which is less than 2%.
I guess you are looking to have a very long term p/f.
And I know it's considered "right" to have stocks in the healthcare sector.
But personally I wouldn't buy anything that is as flat as these.

 

[gooner]

They ain't making more oil and gas

OSH, STO and if you fancy a gamble as I do NXS are good energy companies.

ORG is not bad as a lower risk energy play

 

[ivant]

I'd watch out with MQG, I don't think they are a 100% out of the woods just yet. But then I am bearish on the whole market. Lol

 

[Trembling Hand]

XYZ vs ABC blah blah. If you are looking at a portfolio in the sense of buy and hold kinda thingo. > than a say two years.

Just as important is the timing or lack there of.

Better to diversify with time. That is get 33% now 33% later and 34 % a lot later. You would be surprised at how acting 100% NOW has a way of handing out regrets lata.

 

[beamstas]

XYZ vs ABC blah blah.

This reminded me of something i read in guiness world records, where a monkey throwing darts at a dart board to pick stocks beat a heap of hedge funds in annual return

 

[Timmy]

They ain't making more oil and gas

I make gas.

 

[gooner]

This reminded me of something i read in guiness world records, where a monkey throwing darts at a dart board to pick stocks beat a heap of hedge funds in annual return

in the Sun-Herald in Sydney, the financial section has a tipping comp - they have a dartboard and it often does ok. Research shows that on average fund managers do not beat the market. That's why I quite like index funds as an investment tool - very low fees and you get the index. Although, haven't gone as far to invest in one yet.

 

[beerwm]

I dont know much about buy+hold strategies;

but for what its worth-

maybe you might want to choose some 'positions' that work in a declining market--gold comes to mind.

-while the stocks are diversified, they seem all positively correlated
[ie. market moves up / stocks move up ]


"safe" stocks are ok -- but remember the trade-off... less risk/ less reward.

 

[tech/a]

XYZ vs ABC blah blah. If you are looking at a portfolio in the sense of buy and hold kinda thingo. > than a say two years.

Just as important is the timing or lack there of.

Better to diversify with time. That is get 33% now 33% later and 34 % a lot later. You would be surprised at how acting 100% NOW has a way of handing out regrets lata.

As another slant.

Buy all---cull non performers as time goes on and hit the performers.
Work the portfolio rather than watch it.

 

[ChilliBlue]

They ain't making more oil and gas

OSH, STO and if you fancy a gamble as I do NXS are good energy companies.

ORG is not bad as a lower risk energy play

I am currently looking at STO and ORG as well as tossing up on placing a gamble on GPT

 

[swm79]

Gamble? i think you'd be gambling if you DIDNT include those two! but thats just my person opinion... not advice.