One Stock Portfolio
We have spent the last few weeks looking at some of the more plain vanilla approaches to running your own self-managed super. This week we go off the grid with the first of a couple of approaches that I have written about before and that the licensed broking community would never endorse for fear of being irresponsible, and on that note, this is not a recommendation, it is an idea. It is the “One stock portfolio”, the opposite of diversification. Last time I wrote about it, it stirred up a storm.
A word about diversification first.
Captain Cook, the first of a long line of successful English captains to tour Australia, will tell you one certainty of life. Discover any group of human beings, no matter how remote, and they will have a God and a religion....Continue Reading