Folks, how often do you review your entire portfolio? How regularly do you clean up your watchlist?
For me, it happens at least twice per year. Do you remember the 2018 Castaways portfolio from last December? We went through the Stock Card's universe and got rid of the companies that were not worthy of our time and attention any more. As we enter July, it is time to step back again and get a sense of how things are going.
The goal is to make sure that the stocks we own are still worth holding, and the stock in our watchlists are still worth our attention. During July, as I go through my semi-annual clean-up, you will hear a lot form me and my Roll with Our CEO portfolio.
Here is the 4-part checklist I will be following to complete my July's clean-up:
Are you ready to do the same for your own portfolio?