1) Is the # of Positions reasonable to maintain?
Total holdings include 15 positions. I believe under 20 positions to be a manageable number.
2) Are the top 5 holding diversified across industries?
Top 5 holdings (excluding cash) are: 1) FCX - Commodity, 2) SBUX - Retail/Restaurant, 3) COP - Energy, 4) PG - Consumer Staple, 5) USB - Financial. Diversification is good.
3) Is there sufficient cash to make necessary purchases?
Yes. Cash holdings of 19.2% is a large position and is reasonable under current market conditions.
4) Will the top 5 holdings generate income?
1) FCX - NO (dividend suspended) , 2) SBUX - NO 3) COP - YES, 4) PG - YES , 5) USB - YES.
3/5 currently generating income, however top 2 holdings currently do not.
5) Is there anything I no longer want to own in the portfolio?
BAC - currently the smallest position. This equity has a real potential to approach zero value. However currently, I believe potential upside makes it worth holding as a minor position. May look to sell for a tax loss in future.
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