I realize a lot of are new to this, so I wanted to see if we have any experienced folks to comment, or just start a group discussion over some techniques.
I’m watching the bootcamp videos again to keep my brain engaged. In the Angel investing 101 video, Neil discusses diversification in order to reduce risk. He mentioned keeping a portfolio of 10-12 or maybe even 20 investments.
I went back and looked at mine, and I am sitting with 35 investments, 20 of which are from this site, and 15 I have researched and invested in myself.
This is all just from this year…. with a 5-10 year lifecycle, that becomes a very large portfolio year over year with continued investing.
Is it better to put more into fewer investments? We are continually getting new deals and new opportunities….is it that the criteria needs to be more stringent?
I don’t know if I feel like a bull in a china shop, or if I’m still stumbling around in the dark. Hope this sparks some great discussion!