I guess a lot of people buy many stocks at the beginning, for whatever reason, and may not allocate to these stocks much, again for whatever reason, and after a while the thought of having too many stocks crosses their mind, and a step is taken towards that direction. I don’t remember the exact number of stocks in my PF a few years ago, but I do remember adding many stocks from time to time, and selling them later. All part of learning, the journey can start that way for some.
Have clarity regarding the approach you want to have towards your PF, the approach need not yield returns soon, but if it gives a shape and form to the PF, then that can be a first step in a direction.
You may not have done this while buying the stocks, but do make a note this time when selling stocks, make note of why you are selling them, and if sometime in the future if you intend to look at any sold stocks, these notes help.
Just like we can build a PF using different approaches, different schools of thought, we can trim and maintain a PF using different approaches too.
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