05-20-2021, 03:32 PM
(05-20-2021, 02:17 PM)ken-do-nim Wrote: I think it's clearly a priority I get these 4 companies into my portfolio ASAP.
Or............ maybe we can't own everything but this is a very good sector so you need a presence. They mostly run together with the industry outlook anyway. Pick a couple and start a position at whatever price. They will continue to be expensive as long as the economy is rebounding. Add a share or two every month or so. The day will come they have a mediocre quarter and you get a 10% off sale. When I first started my growthy port Eric suggested UNP and weeks later it dipped sub 180. I didn't buy enough but lesson learned. Rails are not a stock you look at two months after purchase and assess. It can be that part of your port you just build and don't stress it. I know I need some of that with all the exciting stuff I got going on. AG prices are sky high and the rails will get their piece of that this fall. I am really hoping the overall market dips and I get a chance to add. If not I will nibble until that day comes. They will fall back at some point and that is when you add like you mean it. They will always be very cyclical.