6 stocks for a full portfolio reset in 2024

Buy Hold Sell, by Livewire Markets

Last year, we asked two fund managers what they would do if they could start completely from scratch. It seemed to hit a nerve with our readers, with the episode turning out to be the most popular of the year.

It's likely because we all, at some point in our investment journeys, have cursed the day we bought a particular stock (or let's face it, stocks) - and wished, wholeheartedly, that we could start over. Facing this dilemma, some investors may sell everything and give up for good. Others may just watch on as those losing positions become smaller and smaller pains in their portfolios.

However, it's far better to review your holdings, have an honest conversation with yourself about what worked and what didn't, and develop a plan so that you can better stick to your strategy over the year ahead.

So in this episode, Livewire's Ally Selby was joined by T. Rowe Price's Randal Jenneke and Tribeca's Jun Bei Liu for a full portfolio reset.

They will share the headwinds they believe you should keep on your radar in 2024 - particularly as the ASX 200 hits a new all-time high, the key opportunities they have identified today, as well as three stocks they would own if they could start completely from scratch.

Plus, unless you invested all your life savings in NVIDIA last year, we've likely all made some mistakes throughout 2023. So, our guests share the most painful position in their portfolio from 2023 - and what they learnt from it.

Note: This episode was filmed on 31 January 2024. You can read an edited transcript below.

https://www.livewiremarkets.com/wires/6-stocks-for-a-full-portfolio-reset-in-2024/