10-15-2013, 09:32 PM
I agree you have a lot of stocks to follow, but if you don't mind go for it.
Only thing I don't agree on is:
" After hearing Chowder continually beating the drum for quality, quality, quality and re-reading "The Single Best Investment," I decided to take the advice to heart and swap out a couple of weaker positions into ones that I believe are more stable companies with clearer growth prospects going forward. " with regards to LEG. They have increased their dividend for 41 years... it doesn't get much more stable than that. LEG also have a very high quality management that is shareholder friendly. I don't find the valuation attractive to add more shares here but I wouldn't be selling either.
Also have you considered maybe saving up to $1000 for purchases instead of $500 to bring your fees down?
Only thing I don't agree on is:
" After hearing Chowder continually beating the drum for quality, quality, quality and re-reading "The Single Best Investment," I decided to take the advice to heart and swap out a couple of weaker positions into ones that I believe are more stable companies with clearer growth prospects going forward. " with regards to LEG. They have increased their dividend for 41 years... it doesn't get much more stable than that. LEG also have a very high quality management that is shareholder friendly. I don't find the valuation attractive to add more shares here but I wouldn't be selling either.
Also have you considered maybe saving up to $1000 for purchases instead of $500 to bring your fees down?