06-29-2021, 06:19 PM
(06-29-2021, 03:12 PM)fenders53 Wrote: I'd entertain that if you didn't go from enthusiastic to disappointed in a few weeks, wake up in the morning and dump six stocks on a whim, so you can immediately move on to a new yield trap that ran up 50% before you found it. You'll get by with it while the bull is running at all. I churn a part of my port and it is usually based on the buy low sell high theory. I won't dump JNJ at a loss because it had a bad six weeks. I try not to overthink this or allow fear and greed to drive my trades. Good research minimizes the possibility of that.
Hey, I resemble that remark!
Well, whatever steps got my portfolio to where it is, today, at close of business on June 29th, I have to say I like the way it looks. Hopefully by this time next year, I'll have enough dividends flowing in that my budget is solid and I can focus more on acquiring really good stocks be they DGI or growth.