Question for you traders out there. My practice is about 40% mutual funds, 25% stocks, 25% Variable Annuities and 10% Bonds.
I've noticed the more stocks I'm in the harder it is to stay on top of them. As my stock picks go up many times I don't want to be a buyer but hold on to them since I think there is still huge upside long term. So I will pick up better deals in new stocks that I like therefore building a bigger portfolio of different stocks.
My question how do you handle a lot of stocks to manage and find time to get new clients? Do you think it's better to slim down the stock positions and do more mutual fund business.