Originally Posted by UnrealizedPotential
... I am also somewhat a more conservative investor I suspect...
I hold many individual stocks, and one reason I look at the daily result of the portfolio is to gauge its volatility compared to that of the total market.
I have not bothered to formally compute the beta of the portfolio, but think it is around 1, if not a bit higher. I have a barbell distribution of stocks, some are highly volatile such as semiconductor stocks, emerging market, biotechs, and these are balanced out by benign utility stocks, sedated consumer staple stocks, and just plain cash. Indeed, 36% of my portfolio currently is cash or cash equivalent.