08-12-2021, 01:24 PM
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This easily turns into a game of collecting way too many stocks. If you own enough stocks there is always something on a bit of a sale, but it seems to lead to underperformance if you don't spend any time understanding what you own. It sure increases the chances you'll panic sell when all hell breaks loose. on the market. I've hit this investing game from every angle over the decades and I have the scars to prove it lol. I think the best answer is probably to own as many stocks as you truly have time to understand, and the rest in an ETF. You can always adjust the balances as you have more or less time in life to do research. Reading a couple happy owner hype posts here or anywhere else doesn't constitute research. I am guilty of falling for that.
(08-12-2021, 01:24 AM)fenders53 Wrote:Thanks fender. I try my best to do what you are saying. I totally understand that this is all about research and patience. I have only spent less than 10% of what I have set aside.(08-11-2021, 10:31 PM)texsubmariner Wrote: Took some people's advice and jumped in the deep end.That's a good start. Take your time and try to learn a little with each purchase. Ask yourself why you are adding a particular stock. What does it add to the port? How is the current valuation vs historical? The timing of small purchases is not critical if you buy quality that isn't extremely overvalued. You are diversified so far and O is a reliable REIT.
I bought (about $2k of each) JNJ, LHX, XOM, and just to compare SCHD,
Thinking of buying O tomorrow.
Hopefully this starts me on a journey I've always dreamed of doing.
Thanks for advice everyone.
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This easily turns into a game of collecting way too many stocks. If you own enough stocks there is always something on a bit of a sale, but it seems to lead to underperformance if you don't spend any time understanding what you own. It sure increases the chances you'll panic sell when all hell breaks loose. on the market. I've hit this investing game from every angle over the decades and I have the scars to prove it lol. I think the best answer is probably to own as many stocks as you truly have time to understand, and the rest in an ETF. You can always adjust the balances as you have more or less time in life to do research. Reading a couple happy owner hype posts here or anywhere else doesn't constitute research. I am guilty of falling for that.