As I said earlier, add it at the headshell. Balance it up with the counterweight. All this effective mass stuff is about not letting the tail wag the dog. A high compl iance cart (=floppy) can go on a drinking straw and won't flop about. A low compliance (stiff) cartridge needs something solid on it or it will be able to do its own thing.Let's keep it simple.
where do I add the weight.
Now imagine I am trying to restrain your arm with say a broomstick. So I strap it to your arm and it stops you waving your arm about. The other end sits on the ground. Now then, is this broomstick going to be more effective if I add a weight, say a breezeblock, at the end by your arm or by the bottom end, next to the ground? There's your answer.