I'm a relative new-comer to investing in the sharemarket. Prior to this I used managed funds but I wasn't too happy about the secretative nature of their stock choice, not to mention their fees (even when the market was/is quite outrageously down). I use the asb to buy shares. I'm in my mid-thirties and have 50k in 5 NZX listed companies at various ratios - AIA holding the biggest slice of the pie. My plan was to simply leave the portfolio as it (and chip up at it from dividends and savings) is until I need the money in my sixties when I retire, but after lately I think I ought to be more active in the portfolio as in trading using tools like stop-loss - there has been many times when the portfolio has gone up 5k and then down to just above break even.