keywords are like seeds -- some grow, some don't
Deepsand, I appreciate your comments and concerns here, but I think I would encourage people to start with as many keywords as possible, rather than as few as possible, as computergeneration and others have suggested.
It goes without saying, as you rightly point out, that budget limitations will exist for most of us and that this is an over-arching concern... But, you can put limits on your daily expenditures and, so, it seems to me that the best practice is to get as many words up there as possible, generate as much feedback as possible (concerning impressions, CTR, etc), with a view to filtering down to the best ones and advancing.
In a sense it is precisely because you have a limited budget that you should do this as soon as possible because the sooner you find out a few things about which keywords are good and which are bad for you, the better...then you can go on and hopefully make more money and increase your budget some day.
I think it makes sense to do this in as short a time as possible and at the beginning of a project.
For me keywords are a bit like seeds -- some grow, some don't. The best way to find out is to plant them all at once and see... in future you'll know what seeds work for you and which don't and you can put all your time, energy, and resources into nurturing the right ones.
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