General Discussion, page-783

I currently hold 14 different stocks.

4 of these are REITs and 2 are banks. I regard these as the 'low attention' part of my portfolio. I do a bit of selling high/buying low among these stocks, but mostly I leave them alone. They all pay good dividends, averaging close to 10% on what I originally paid for them.

A further 3 stocks are relatively small legacy holdings that I will liquidate when the time seems right. That leaves 5 that I closely follow, 3 of which are significantly above 10% of my portfolio and thus 'overweight'. I get rather on edge when a stock gets to more than 25% of my portfolio. In the past I have taken profits, selling off part or all of the holding, which has generally proved to be the right decision.

I have to admit, my portfolio is a bit messy ATM. I would ideally like to pare it back to about 10 similar sized holdings with about 5 or 6 remaining in the 'low attention' category. However, I'm in no great hurry. It is, shall we say, a medium term aspiration - something to aim for over the next year or two.