I wanted reddit's thoughts on an investment portfolio idea that is driven by your personal consumption patterns. The steps are as follows (assuming a $100,000 account):
(1) Make a list of all the companies you personally use goods and services from (i.e. Starbucks, amazon, google, etc.) (2) Make a list of top 10 companies from above. Order however you wish (i.e. Passion for the product, amount of income spent, company fundamentals, etc.) (3) Distribute $10,000 investment to these 10 companies (4) The account value for each of these investments will fluctuate. You can check periodically. (Every week, every month, etc.) (4a) If an investment goes above $10,000, take the excess above $10,000 and invest somewhere else (4b) If an investment goes below $10,000, invest more from funds from 4a or from your salary devoted to retirement savings or other sources meant for retirement purposes (4c) If all 10 investments are above $10,000, take the excess and find a new company to invest in that satisfies (1) (4c) If you stop using goods and services from a particular company, sell the corresponding investment.
What are your thoughts? The goals are to help people be active investors even if they don't have special knowledge of financial markets. They could conceivably leverage their own insight from their own consumption habits to know whether to hold buy, hold, sell. The long term goal would be to continuously diversify until you have an investment portfolio that matches your consumption. Thanks.
Submitted May 19, 2017 at 07:20AM by EHC11375 http://ift.tt/2qErHS5
