10-17-2021, 12:42 PM
Yeah, my iniitlal Moderna purchase was solid - should have been done months to a year earlier - but the follow-on purchases were FOMO. At this time, I shouldn't be putting more than 12k into any one stock. ETFs I'm more comfortable putting more into.
After I hit my target shares next year of BroadCom, Oracle, Cisco, and others, I will turn more to diversification. Cigna, for instance, which Divmenow pointed out as a good one, would become my first insurance company, and I should buy it anyway according to my "buy what you know" strategy since it's the one my company has. I only have one food/restaurant stock in Starbucks; I should find another. But that's a conversation for about a year from now.
After I hit my target shares next year of BroadCom, Oracle, Cisco, and others, I will turn more to diversification. Cigna, for instance, which Divmenow pointed out as a good one, would become my first insurance company, and I should buy it anyway according to my "buy what you know" strategy since it's the one my company has. I only have one food/restaurant stock in Starbucks; I should find another. But that's a conversation for about a year from now.