I own 5100 shares of $Valuetronics(BN2.SI)$ , and my cost basis is negative. While it's a small-cap company and my initial investment was only SGD 9000, my current position is worth SGD 3400. The combination of buying low, selling high, and dividend income has resulted in a negative cost basis. Singapore's stock market offers many hidden gems.
Is Your Portfolio Well-Diversified?
During a market downturn, people often talk about the importance of diversification. 🌐 But how many stocks should you actually own to be truly diversified? 🤔 A prevailing statement is that you should plan to own 25 to 30 stocks if individual stocks are to make up the majority (50% or more) of the equity part of your portfolio. 💼 Owning at least 15 stocks helps avoid over-concentration in any single stock or sector. 📊
+ Follow
+0