Proportion of holdings in one stock is a difficult issue. I have a loose rule of thumb ok limiting individual stocks to 10% (higher for LIC's which have their own spread) but in fact the recent collapse in price prompted me to 'top-up' so that I now have a little over 11%. My holding is actually about 1% higher than 11% becaue my 60% of DIY fund holdings in LIC's will probably average around 1% in QBE.
I also have 4 speculatives that add to nearly 10%
When QBE reaches $14 again (and it will) I will reassess my percentage holdings. By then QBE will be well up on the current 12% (approx). My problem is that I have trouble selling a stock that I believe will hit $20 and higher within 3 years.
Proportion of holdings in one stock is a difficult issue. I have...
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Last
$16.11 |
Change
0.175(1.10%) |
Mkt cap ! $23.99B | |||
| Open | High | Low | Value | Volume |
| $15.93 | $16.16 | $15.88 | $9.310M | 580.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 4979 | $16.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.11 | 5573 | 26 |
View Market Depth
| Last trade - 12.25pm 23/08/2024 (20 minute delay) ? |
| QBE (ASX) Chart |