(02-25-2020, 09:21 AM)fenders53 Wrote: I'm sure we've flogged this one to death already, but Ray just outlined exactly why I did it last month.  I started a position in V, MMM, RTN, LHX, TGT  a month ago.  Not one of those stocks were attractively valued and all well over $100.  I hoped just maybe I'd get a chance to build on them.  I caught a break and now own 10-22 shares of each.  Literally just a couple shares at a time until yesterday when I threw down for five here and there.  I may very well dump one if they run away from me.        

And Stockguru, I apologize if I implied you were talking down to new investors with little money.  I think I know you well enough to realize that wasn't your intent.  That's how I might construe it though if I only had a $5K port and wanted to share.  We do have a couple of those guys here that post now and then.  Eric is a pretty good example.  He may only have 10 or 20 shares of some stocks in the DGI port he shares.  His knowledge of some companies far surpasses mine.   His research is pretty solid and he has put me on to several companies I have done very well with.  I've probably received a pretty good tip from almost everyone here at some point,and a few bad ones too but hey, the advice was free lol.  I may be the most bearish member that posts regularly.  If I cause you to tread lightly now and then, good, I'm quite OK with that.  Sometimes I'm right.

(02-25-2020, 09:55 AM)stockguru Wrote: I didn't mean any disrespect to anyone. The point I was trying to get across was to buy 2 shares of a company just because you in love with is all good. I understand its just fun to own 2 shares of LMT or 2 shares of NEE ect just to follow it.  What I was saying is lets say NEE runs from $100 to $275. That's great you picked up $300 in profits. But If you really love a company why not just buy more instead of buying some company which doesn't have a track record? It just seems you leave all that money on the table of owning a company you really love and admire. I'm not rich by all means. I just try and out some money aside for retirement rather then leaving it in the bank lol

And I know alot of you own like 30,40,50 stocks. I just cant do that. My goal is to own 20 or so names that have a great track record and stick with them, I cant buy them all know matter how good they look which is why I brought up the 2 shares here or there thing lol

(02-25-2020, 10:49 AM)divmenow Wrote: There’s no reason to buy yet. Let these sticks come in. The worst isn’t over yet. These companies will all be warning soon on the outbreak virus. MA and AAPL where the first to come out and say they see a hit on future earnings and it’s really hard to predict just how much they will be affected. I’m just glad I bought all that gold lol. I’m holding up very well when on 1000 point drops on the market lol

I have my buy list made out,  but they have to fall further before I pull the trigger. Even if that means buying 2 shares lol

MMM is on that list but not until $140
WBA getting very close to buy point
XOM who knows it like the titanic
EOG almost at buy point
SBUX on watch list
CVS under $64
CAT in the $120’s
AXP under $120
NOC on watch list
UPS under $90
SPY adding soon
MSFT under $160
LHX under $210

That’s just sone names I’m watching. What’s on your buy list?

(02-25-2020, 01:24 PM)vbin Wrote: Never thought I will see XOM at $54, lol. Added MMM, DFS, XOM