01-20-2014, 09:15 PM
(01-20-2014, 11:57 AM)CritMass Wrote: Eric, in slowly transitioning my portfolio into more of a DGI model, I cashed out three Vanguard mutual funds a year ago and started small positions in about 20 companies, so I just jumped in at once. In about six months, upon retirement and being able to access two retirement accounts without tax consequences, I can add to each of the 20 or so positions. I also want to increase my portfolio by another 10 or so companies by next Fall. I still have 4 Vg funds that I plan to keep for awhile.
Sounds like you will be having money come available periodically over the course of the next year or so. Why not just keep doing your research and if your goal is 20 positions just buy one or two a week until you get all of them filled. Create a watch list of 30-40 stocks and buy them when the opportunity presents itself.
Retail, REIT's, oil companies and some utilities are at pretty good prices right now. Could start there to begin and then keep on the lookout for the consumer staples to correct and give you a better entry point.