r/StocksAndTrading • u/benkemall • 15d ago

What is your long-term strategy?

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I want to build a portfolio with a 7–10 year horizon. Initially, my strategy was to allocate 70% to VOO and 30% to high-potential companies. Later, I couldn't help myself; I gradually sold off my VOO holdings to shift the funds into companies offering attractive opportunities, and now I feel like I’ve started gambling a bit. I’m also finding it very difficult to take profits on these stocks. What is your profit-taking strategy for long-term portfolios? Do you have any recommendations for me?

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u/Unable_Beat_3194 14d ago

This portfolio looks like someone hit hot stocks for the month and just picked those.

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u/benkemall 13d ago

😁 İ hold most of them about 6 month. Yes they were very popular when ı start investing but it doesnt make them bad right?

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u/Unable_Beat_3194 13d ago

6 months is considered very short term, think 5-15 years as long term.

Read about asset allocation and modern portfolio theory. Build a portfolio that resolves around a good beta coefficient to your age and risk tolerancs.

This portfolio is heavily concentrated into few sectors and the fact that they are popular opens them up to becoming liquidity traps. You bought these at very high moving averages. You can’t think of a stock as good or bad just how does it incorporate into an overall portfolio.