What I Am Buying Today.

[poneyboy]

(05-02-2024, 05:45 AM)ken-do-nim Wrote:

(05-01-2024, 12:48 PM)poneyboy Wrote: I agree Starbucks will be around forever. You have to buy when its hated. Same with CVS

When I do have funds, I have been investing with a different philosophy.  I make a goal, which generally consists of a certain amount of shares of a certain amount of companies, and all new funds go into making that goal, and right now these goals take me about 2 years to fill.  Then onto the next goal.  I don't deviate from the goal because some other stock is suddenly cheap.  I mean, maybe I should; I'm just noticing a difference between how I'm operating and the rest of the board.

Yeah I like to spread my portfolio to different sectors and a basket of stock. I also keep dry powder to buy new names on big dips. I dont own 100 shares or 200 shares in a company. I keep it to a minimal and no more then 30 shares in each to minimize big losses. For instance I have 32 shares of META at an average price of $79. Not a bad return lol

And I keep no more then 5 stocks in a sector, and only buy the upper tier ones. I stay away from the smaller players 

My watch list if full of companies I look for to buy if they hit my target price. 

Today I added LLY, ABBV and MA. Those are now at 24 shares each. 

My biggest losser is ADBE right now. But I'm not too worried about that one