[How many stocks in Portfolio?]

Hiekl - Dude, lighten up. As for your brilliant comment....I never claimed to be brilliant; just looking for views/insights to improve and learn. " More or less random"? Either it is or it isn't and since when did BH become a large cap?

 

Mephistopheles - if you are in the 15% tax bracket the tax is 0% on dividends.

[How many stocks in Portfolio?]

Thanks for the graph peter. That is helpful. I think for me 10 might be the number. I have pretty high conviction for each of these picks but I think adding 4 more would help smooth volatility.

 

Thanks Ross. I am reinvesting the divvies; I might need some as income in 5 years. Maybe 1/4 is too much for mcd and bh. I have more conviction in bh so maybe I will cut back on mcd and add another dividend company in a different industry.

[How many stocks in Portfolio?]

Looking for opinions on this situation: nonretirement account, will need the bulk of the money in 10-12 years so would probably sell entire portfolio some time before that to preserve capital. Stocks were mostly purchased recently except brk which was purchased at $120.  Should I have more stocks? Suggestions? Thanks.

 

Brk 30%

Ge  18%

Bp  14%

Mcd 14%

Bh  12%

Vz  12%

[Chou America Funds!]

Has anybody signed up and sent $ through the website? I would like to invest but it makes me a little nervous to use a site I'm not familiar with.

 

Thanks,

James

[Would you buy today?]

Just started looking at Fairfax and see it is at about an all-time high. I have no position but would like to start one; would you wait for lower prices to buy? Or say I wanted it to be 10% of my portfolio within 1 year....how would you get to that 10%?

 

Thanks,

James