05-15-2024, 05:43 AM
(05-13-2024, 08:20 PM)ken-do-nim Wrote:(05-13-2024, 07:20 PM)rayray Wrote: GOOGL & ZTS
Never heard of Zoetis before. I take it you like their pipeline?
it was a spinoff from Pfizer, it's also the largest healthcare company for pets and livestock
It's a small position, but i plan on adding to it through time--what i like to do is have my holdings spread out between different accounts with a miniumum investment of 5k--so the goal would to have 5k dollars of ZTS in each main account: brokerage, rollover ira and roth (i actually have 2 brokerages, 1 rollover ira, 1 roth and kplan--the wife has 1 rollover and 1 403b plan) if i really like the stock i'll have it in all the accounts except for the company sponsored plans cause i can't lol
it makes it easier to monitor/manage the accounts plus i think 15k is a nice sum to see a reasonable gain but not to overreact or get too upset if it drops for some reason
sometimes i have to force myself to buy something other than tech
now if i really like a stock i like to have at minimum of 50k but i do add to my winners and let them run--my weakness is trimming, i do trim but not often--it's why i have several stocks over 100k--i shouldn't but do
but mostly the goal is to have holdings in the 15 to 20k dollar range and go from there