Pixie? 78% of my risky portfolio is in PAB. That's too much - partly because I've been accumulating and partly due to the lovely rises we've seen. While I believe in PAB there's still a chance that the next cohort results will be bad and I'm not willing to risk everything on just one stock. That way, the poor-house lies.
I'm a conservative trader. 40% of my share holdings are in blue-chips, 40% in medium risk and 20% in my risky portfolio. I also have some rental properties. If I was so inclined, I could stick all of my share-holdings into PAB and be a significant investor but I'd never get to sleep at night. The slight chance that it could all come crashing down would haunt me. No - I'm happy with my strategy. It might not make me mega-rich but it's also unlikely to wipe me out.
And the oild company I've spotted? SWE. Swala Energy ltd. Had a good report after the close that indicates a high chance that they've found some oil-bearing strata so I've put in an order for a few thousand dollars worth on Monday. Again, this is a risky share but I think it's worth a punt.
Cheers
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