Instead of owning 5 large cap Mutual funds in your portfolio, why not just pick the best 10 large cap stocks (Microsoft, Apple, JPM) most of those funds hold as your portfolio? All Mutual Funds currently have decent avg returns over 5 yrs, but any of those top 10 have many multiples of those types of returns.
When is diversity for diversity sake a costly strategy?
When is diversity for diversity sake a costly strategy?
