Oh, and I applaud your discipline, in having limits to how much you put into one stock or sector. That’s very important for long term wealth creation. I desperately wanted to load up all on Oxiana back in the day. I didn’t. If I did I would have made millions more. Doesn’t matter, I did ok. I was fortunate I didn’t get caught when it fell over, as ANY stock can do at ANY time. S##t happens sometimes and it can destroy even the best company.
a couple I knew were 100% OXR & then leveraged heavily for a lot more. They never sold a share. Lost everything when it crashed, including their home.
so a bit of diversity is essential.
cheers,
ned,
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