Hey everyone,
I'm currently facing the challenge of reducing my portfolio from 77 to a maximum of 30 shares in order to get a better overview and focus my strategy. But I'm not sure how best to proceed.
Should I:
- Sell the stocks that have done badly as they are obviously not performing well?
- Or should I rather sell the ones that have performed best in order to take profits before things go downhill?
- Or simply sell the 40 smallest positions? But there are also many interesting stocks in there that might be worth expanding.
- Or simply sell everything that is heavily weighted in the MSCI World and thus reduce the cluster risk?
Perhaps there is a better approach? What do you look for when reducing your positions? Diversification, dividend yield, or simply the size of the individual positions in relation to the overall portfolio? I look forward to your opinions and tips!
Thanks in advance!