Quote:
Originally Posted by bakasam
Looking for some opinions:
So i've been doing some option plays for the past year-year and a half now simply because I didn't have enough capital to make a portfolio that would give me decent returns. So far option play has been a hit or miss sorta thing (Win some lose some and overall its around the break even mark). Been mainly following stuff like trends (e.g the gold boom in the summer, earning calls, overall economic situation, etc)
The market this year seems to have stabilized so far (not seeing those 100~400 point fluctuations each day) But I'm probably gonna wait for another couple months to see if this is only a temporary thing. I've finally got some money saved up (Full time school + part time job can only save so much lol) and I'm starting to look at holding some stocks for less riskier returns. Not really big on stuff like mutual funds and whatnot.
What i'm looking to do is starting a portfolio in the coming months with about 10~12k.
Looking at spreading 8~10k or so among 3~5 different stocks (in different sectors) and leaving around 2k for option play. I am not interested at all in penny stocks at all and don't have the experience to invest in them. I know theres a couple people here big on stocks like CLL, CUU etc but its not really my thing.
Would 10k be a feasible amount to start a small portfolio? Or should I hold out a bit longer and try to bring it up some more?
Maybe some of you (i know there are a couple of other students who post on this thread regularly as well) with around the same amount of capital could talk about their experiences?
|
5-10 stocks?
Make a trip to dai dong first bakasham.