- Joined
- Oct 27, 2009
- Messages
- 1,210
I mentioned in 2010 that my +56.5% return was unsustainable.
I was wrong. I'm always wrong when making predictions.
My 2011 YTD return eclipsed 30% today. This is the first time that it has hit over 30% this year.
This result is unsustainable.
2011 YTD returns*
DOW +5.28%
S&P500 +3.10%
NASDAQ +2.88%
S&P/TSX -2.45%
* does not include dividends
My holdings are Berkshire Hathaway, Fossil Watches, K-Swiss, Columbia Sportswear, The Buckle and American Eagle. The weights are on my website at ticonline.com
I haven't bought or sold anything in 2011. This is similar to 2010.
I am a buy and hold investor. I only hold 6 stocks.
I try not to diversify. I don't use stop losses. I don't re-balance. None of those concepts make sense to me.
For me, it seems that a new stock is added to the portfolio every 3 years or so. I've only sold 1 stock in my brief investing history.
Virtually everything outside of our real estate holdings is in these 6 stocks.
I believe in portfolio concentration, but I think that goes without saying.
Best regards
I was wrong. I'm always wrong when making predictions.
My 2011 YTD return eclipsed 30% today. This is the first time that it has hit over 30% this year.
This result is unsustainable.
2011 YTD returns*
DOW +5.28%
S&P500 +3.10%
NASDAQ +2.88%
S&P/TSX -2.45%
* does not include dividends
My holdings are Berkshire Hathaway, Fossil Watches, K-Swiss, Columbia Sportswear, The Buckle and American Eagle. The weights are on my website at ticonline.com
I haven't bought or sold anything in 2011. This is similar to 2010.
I am a buy and hold investor. I only hold 6 stocks.
I try not to diversify. I don't use stop losses. I don't re-balance. None of those concepts make sense to me.
For me, it seems that a new stock is added to the portfolio every 3 years or so. I've only sold 1 stock in my brief investing history.
Virtually everything outside of our real estate holdings is in these 6 stocks.
I believe in portfolio concentration, but I think that goes without saying.
Best regards