
Originally Posted by
jut703
Diversification isn't the problem bro, no doubt your portfolio is well-diversified. In fact, maybe too diversified. General rule of thumb is to keep 5-8 stocks of varying industries. For example, any particular reason why you hold BDO, Metrobank, and Unionbank? You can keep it to 1-2 companies per industry, depending on what industries you want your portfolio to be heavily invested in.
Index funds are a kind of UITF/MF. Unlike other mutual funds which are actively managed (i.e. a fund manager tries to beat the market by making his own decisions on what to buy, when to buy, and in what percentages), index funds simply follow the PSEi. It follows the PSEi in terms of the number of stocks and the percentage allocation for each stock.
I'm a fan of index funds because even if they're boring, they're pretty reliable in the long run. The PSEi is growing year on year as we are Asia's bright star. While some actively managed funds can beat the index in the short run (3-5 years), very few (if any) have beaten the market in a 10-20 year timeframe.
If you're not too aggressive with your investment goals, an index fund will give you a nice and comfortable ride which leaves you with more time to focus on work or business.
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