Direct equity shares on paper offer the best returns. But seem a lot riskier than simply buying an ETF/Trust. Whereas an Index like SP500 will eventually recover will your 10-20 blue chips picks (Enron, Nokia etc)?
My question is to anyone that's experienced in self managing their own equity portfolio that's mirrored maybe an Index;
How do you pick your 10-20 blue chips? Just copy an existing ETF or simply buy the top 20 of an index you're tracking?
Is there an easy tool that can help you create a diverse portfolio for your age group or just buy the pie of VWCE on a brokerage like IBKR?
How do you manage your portfolio, how often do you rebalance, when it drops out of the top 20?
When do you sell, when it drops 30% or hope for an recovery; Nike, Intel etc?
Overall I'm looking for some insight from any experienced practitioners of an over 80% self directed equity portfolio - what are the tools, pitfalls, wins, best advice you would have for anyone looking to make a portfolio vs going the easier ETF/Trust route or maybe you'd totally advise against it!
Thank you for any responses.
My question is to anyone that's experienced in self managing their own equity portfolio that's mirrored maybe an Index;
How do you pick your 10-20 blue chips? Just copy an existing ETF or simply buy the top 20 of an index you're tracking?
Is there an easy tool that can help you create a diverse portfolio for your age group or just buy the pie of VWCE on a brokerage like IBKR?
How do you manage your portfolio, how often do you rebalance, when it drops out of the top 20?
When do you sell, when it drops 30% or hope for an recovery; Nike, Intel etc?
Overall I'm looking for some insight from any experienced practitioners of an over 80% self directed equity portfolio - what are the tools, pitfalls, wins, best advice you would have for anyone looking to make a portfolio vs going the easier ETF/Trust route or maybe you'd totally advise against it!
Thank you for any responses.