Read The Cruel Math of Big Losses
Why I like to diversify into 20-25 stocks of different sectors by building a Noah Ark portfolio - a pair of each kind is good enough to survive the Great Flood.
I could afford 1 stock in the Noah Ark portfolio to wipe out 5% of my total capital and the rest of 19 stocks just need to make 5.3% each for the portfolio to breakeven.
When a portfolio is too diversify, we can't make fanastic gain neither do we lose so badly.
DBS bank confident of 15-17% ROE in next 3 to 5 years, CEO says
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SINGAPORE’S biggest bank DBS Group is confident of achieving a return on
equity (ROE) of 15 per cent to 17 per cent in the medium term or over the
next thr...
39 minutes ago
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