08-31-2016, 10:35 AM
I'm guessing you've years and years to retirment-- thus I concure with putting your money on equities offering the best entry price.
AND I'd also agree with being carefull to not overload on any one single company. I took five years to get a portfoilo of about 40 odd stocks, buying on the dips. I used to buy 1/4 to full positions (2.5-5% portfolio weight=full) when any stock hits my "buy" zone. Now I usually go "all in" if I have a strong conviction on the "buy" price. That 1/2 posotion in AT&T I bought at $32.48 is still eating at me;-)
However, in the long run, quality equities purchased at vaule or below will make your retirement MUCH happier!
Ronn
AND I'd also agree with being carefull to not overload on any one single company. I took five years to get a portfoilo of about 40 odd stocks, buying on the dips. I used to buy 1/4 to full positions (2.5-5% portfolio weight=full) when any stock hits my "buy" zone. Now I usually go "all in" if I have a strong conviction on the "buy" price. That 1/2 posotion in AT&T I bought at $32.48 is still eating at me;-)
However, in the long run, quality equities purchased at vaule or below will make your retirement MUCH happier!
Ronn