The Investing for Beginners Podcast - Your Path to Financial Freedom IFB01: Optimal Portfolio Diversification for Sectors and Individual Stocks
22 snips
Mar 1, 2017 AI Snips
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Transcript
Episode notes
Trailing Stop Alerts
- Use trailing stops to manage risk and let profits run.
- Set alerts to monitor stocks without constant checking and avoid extra trading fees.
Portfolio Categories
- Categorize your portfolio into speculative and long-term holdings.
- Re-evaluate long-term "dividend fortress" stocks annually, selling only if major red flags appear.
Beyond the Numbers
- Don't solely rely on numbers; read annual reports (10Ks) and analyst reports.
- Utilize resources like Seeking Alpha and industry-specific publications for deeper insights.