JohnW;336928 wrote:I hold JGGI and ALW with each standing at over 20% of my portfolio. But was a little worried at how the Magnificent 7 were quite large in both, so looked for an alternative. I usually aim to hold a mixed bag of 12 IT's but as I had recently dropped to 11 I did not particularly want to sell an entire IT, so I sold a little of both JGGI and ALW to drop them both to below 20% of my portfolio, and with the money brought IGET, which holds a far lower percentage of Mag 7 stocks. So thats sorted my self imposed maximum percentage per IT of 20% and lowered my Mag 7 risk. IGET now forms 5.3% of my portfolio with JGGI and ALW both standing at 18.3%.
I also hold JGGI and ALW at about 15% each, but have added VHYL as a Mag 7 diversifier.