Episode 82 - Do you let your winning stocks ride?
With the recent success of popular shares such as Afterpay, we thought it would be timely to discuss whether or not you should let your winners ride or do you take some profit and diversify across the rest of your portfolio. Pete Pennicott, Zac Masters and Anthony Malvaso look into this topic.
In particular we discuss:
- Concentration risk
- How much percentage of a portfolio one individual stock should be
- How do you decide what action to take.
We also answer a mailbox question regarding employer paid income protection policies.
As always, if you have any questions email us at connect@pekada.com.au and follow us on our Facebook and Instagram for more financial tips!
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