07-15-2017, 01:26 AM
(07-14-2017, 09:04 PM)crimsonghost747 Wrote: A very promising start. Be careful with the balancing though, I know it's just the beginning and the weight of a single stock can change dramatically with just one buy, but you've got about 60% of your portfolio in two REITs. I like REITs too but too much is too much. Weird share amounts so I'm guessing you've got a DRIP on them, so I'd suggest throwing your new cash to other types of investments for a while to keep the balance.
You are correct sir, I wanted to open some positions on the REITs, and did so in my IRA by accumulating my monthly amounts until I could purchase a large amount to minimize the $7.00 commission that Vanguard charges me. I'm letting them DRIP for now as the only other items in the IRA are the Index funds I hold to keep my wife sane while I started this DGI plan.
Future investments will be in my taxable Robinhood account with the zero commissions where I can make smaller purchases at a time while avoiding the commission hits. I have quite the buy list at this time to continue spreading my diversity, Thanks for the advice.