Ever since I got the green light from my father to manage a portion of the family's fund, I have been thinking non-stop about how I would like to allocate it. I am not talking about splitting it between bonds and stocks. Instead, I find myself asking "How many counters should I have in my portfolio?" I don't know why, but instinctively I came up with the idea that I should not hold more than 10 counters (+/- 2). I am planning to divide the total amount of capital up equally and buy 2 counters every quarter so that I will have a total of 8 shares by the end of one year. Going forward, I would relook into those shares that I've held for at least a year and access whether or not the shares continue to fit my investment criteria . If not, I would simply sell them away regardless of the profit/loss and buy the next 2 counters which I like. I feel that having too many stocks on one's portfolio makes it very cluttered and you might as well buy an ETF instead.