What Did You Buy Today?

[fenders53]

(04-13-2021, 04:02 PM)Dividendwayfarer Wrote:

(04-13-2021, 03:47 PM)ken-do-nim Wrote: 10k in each, wow that's some portfolio you have there!

I have a ton of positions that are just a coupe of thousands or hundreds. Lol 

I am gradually transitioning to a more quality name driven type of portfolio. In my limited (and still learning) investing experience, I believe what Benjamin Graham said in the long run, the market is a weighing machine. Every now and then I got stuck with some ok quality names as they were cheap at the time so I bought it. I was bad at selling/timing so I kind of waste on opportunities for using the money to invest in quality names for long term growth. Looking back, I should be more selective. It’s a work in progress still.

During every market down turn I have relearned that quality is where I am better off.  They don't drop as hard and eventually recover.  It's no fun holding companies that may not be solvent enough.  A few times a year I try to take out the trash.  I see no problem with a few spec plays but core positions should be quality or I will get bit eventually.  The current market gives a false sense of security.