Simply putting, this portfolio aims at long term wealth creation by starting modestly, and putting a regular sum in SIP mode, if any investment opportunity is found. Otherwise the SIP amount will be kept as cash till an interesting opportunity is found.
I intend to start my portfolio with a sum of Rs 1 Lakh (making it myself feasible and any one of the reader can also start with that), although you can make it to any multiple based on your financials. Also a monthly sum of Rs. 5000/- is dedicated to the portfolio, either for quick purchase or for future use.
The next thump rule is at any time the number of stocks in hand will be between 12 (minimum) to 24 (maximum). Under this minimum 80% of stocks will be screened from valuepick portfolio. The screening details and selections will be updated in next post. And initial weight of each stock will be between 2% (minimum) to 20% (maximum).
Then our aim is very long term ( minimum 15 years ) to create a meaningful asset, which itself will give us a steady dividend income later. So normally we wont want to sell a holding share, without fundamental change. Even though if some stocks becomes extremely overvalued based on future earnings we may take partial profit. But under any circumstance, we wont take a complete sellout decision , unless there is fundamental reasons.
I intend to start my portfolio with a sum of Rs 1 Lakh (making it myself feasible and any one of the reader can also start with that), although you can make it to any multiple based on your financials. Also a monthly sum of Rs. 5000/- is dedicated to the portfolio, either for quick purchase or for future use.
The next thump rule is at any time the number of stocks in hand will be between 12 (minimum) to 24 (maximum). Under this minimum 80% of stocks will be screened from valuepick portfolio. The screening details and selections will be updated in next post. And initial weight of each stock will be between 2% (minimum) to 20% (maximum).
Then our aim is very long term ( minimum 15 years ) to create a meaningful asset, which itself will give us a steady dividend income later. So normally we wont want to sell a holding share, without fundamental change. Even though if some stocks becomes extremely overvalued based on future earnings we may take partial profit. But under any circumstance, we wont take a complete sellout decision , unless there is fundamental reasons.
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