So I am fairly new to investing and glad I stumbled upon this great website!!
I had some savings stashed away and since I am living Hong Kong where we get almost zero interest in bank accounts, I thought it was about time I get more proactive.
What I did was spread my money equally across 5/6 different ETF's in different markets and I used your website to find 5 different stocks and I did the same there.
My question is (and sorry if this info is somewhere else on the website) should I leave those stocks for a few months or years or even longer? Obviously, I check up on them daily to make sure all is good but is the QVM stock ranking based on long term investing or should I 're-balance' my portfolio after 'X' amount of time?
Hi, welcome and thanks for posting.
I think a really good place to start in answering your question is Ed's article here: http://www.stockopedia.com/content/the-naps-amp-snaps-portfolio-update-25-annualised-returns-to-date-and-20-new-selections-197643/ His Naps portfolio is built using QVM rules too, and he talks a lot in there about rebalancing So that might help you decide on how to deal with it.
Decisions around diversification and rebalancing can only be made by you. It is the case that the QVM framework is based on long term trends (of what has worked) in the market. But the exposure of a single stock to those three factors can and do change. So arguably one needs a plan for dealing with that. That might mean exiting if the StockRank drops through a certain point or reviewing things after a certain time period. It's a personal choice, but Ed's article above might help.
Ben
