I think aside from GMG a 6% weighting sounds reasonably safe. It is in the back of my mind that interest rates could do anything and REITs could end up being flogged.
I would say that more than there is little to gain once you have reached 40 shares overall. Studies of showing that your performance does not improve after this point I guess they’re always exceptions.
Australian shares are great for income but I think if you don’t need that income, you may as well invest Overseas. The ETFs IOO IVV etc etc come to mind as a simple solution of course I probably already heard of that lot
if you want to invest overseas but need income my favourite is UMAX.
cheers
HCW Price at posting:
94.3¢ Sentiment: None Disclosure: Not Held
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