Hi Value Pickers,
I am 31 years old working in IT industry. I have been interested in equity markets since I started my career in 2009. I have an engineering background but due to my interest I have completed CFA all 3 exams and read a lot of investment books. Tracking the market since 2010 and started investing from 2013. From 2013 to 2017 by CAGR has been around 20%. I am happy with the return as my objective was capital protection. Throughout 2017 I was at 50% cash as I felt that the market was overvalued. Due to personal reason I liquidated my portfolio in Jan 2018 due to cash requirement and luckily avoided the meltdown.
Now I have built a new portfolio in last 1-2 months. Kindly review and provide your valuable feedback. My primary objective is now capital appreciation as my risk taking capability and appetite is high currently.
My equity portfolio is around 50% of net worth, rest 50% is invested in EPF, PPF and FDs. I don’t have any other investment in real estate, gold or other asset classes. I am looking at generating 20%-25% return.
All the stocks were bought after my detailed research. I have added a one line investment argument in support. Planning to deploy the cash portion in the existing stocks gradually as opportunity arises. Also open to consolidate to 10-12 stocks as I have multiple stocks in same sector.