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.