Quote:
Originally Posted by ErikLS2
This is a very imporant point Greg and one I don't think has been brought up in here yet. I'm wondering if you regularly compare your portfolio to some sort of benchmark, be it the Dow, S&P, or other various indexes? I always think it's good to know if all the research one puts into buying individual stocks pays off over just buying an index ETF for a corresponding industry.
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Erik --
I think that's been my point of this entire thread --- i.e., it really doesn't take that much "research" to find 20 great stocks to own... it takes a matter of a few minutes really -- particularly if you stick to best of breed stocks and then just diversify to cover different sectors. Investing is really really simple. A guy can try to make it complicated and onerous but then he'd be a stock broker!
The point of exposing my own holdings etc has been to show that if it works for someone with millions to invest - it certainly should work for those with slightly less.