i wld think that both are equally impt.
one tend to be over-confident with ur own picks.
need to do periodic review to par down the total allocation of ur portofolio esp for stocks.
atlas, my penny stk portfolio was up by abt 200k, but my greed n over confident cause me to nt do the necessary paring down...an expensive lesson indeed!
back to the drawing board n accumulate wealth slow n steady through employment, dividend n rental.
one tend to be over-confident with ur own picks.
need to do periodic review to par down the total allocation of ur portofolio esp for stocks.
atlas, my penny stk portfolio was up by abt 200k, but my greed n over confident cause me to nt do the necessary paring down...an expensive lesson indeed!
back to the drawing board n accumulate wealth slow n steady through employment, dividend n rental.
(06-11-2014, 11:48 AM)Temperament Wrote:(05-11-2014, 11:42 AM)funman168 Wrote: In all my years of investment, I realise the most Impt thing is to do proper portfolio mgmt.
Hv to do proper own research.
Take responsibility for ur own investment decision
Care to share what is portfolio management to you?
Only stock portfolio or total portfolio management?
May learn some ideas from you?
Thanks!