I am a newbie. I have been following the markets for last 2 years. I have constructed a portfolio. I plan to hold it for 7 plus years. Initially my portfolio was mid cap heavy, but then my portfolio was fluctuating too much and giving me emotional pangs.
My philosophy is to invest in high quality stocks, even if they are little pricy. I buy on dips and intend to buy into a stock over a period of 3 years. This makes portfolio management little tricky as different stocks give opportunities at different times.
Valuing a business is still a handicap for me. I am trying to bring down valuation risk by averaging. I do not intend to hit the bottom of any stock, but I definitely want to be below the mean. Most of my picks are related to Indian growth story in some way. The number of stocks is 19, which I know is on a higher side.
I request fellow boarders to critically comment on my portfolio and please correct me if I am making some mistakes.
My current portfolio is as follows -
Thanks in advance