Share portfolio

I have a share portfolio of about $150,000 including BHP, WPL, CBA, SGP, TLS, S32, ANZ.

I now have $50,000 to invest. I am retired and after dividend stocks. Or would you recommend a managed fund?

A: It is very hard to provide a definitive answer to your question, because I don’t know much about your risk appetite, your experience in managing individual stocks, or your interest to keep doing so.

A couple of observations about your current portfolio:

a) 7 stocks is good – but arguably, not enough to provide substantial diversification benefits;
b) You have no healthcare or industrial stocks.

You might like to look at our income portfolio for some guidance around weightings and sector biases.

If you are looking for a managed investment, I would probably consider Milton Corporation – one of the larger listed investment companies. ASX code is MLT.


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