What I Am Buying Today.

[ken-do-nim]

(05-15-2024, 04:10 PM)rayray Wrote: once i get to 5k, then the goal is 15k but sometimes it takes me a while to get there or i think the stock might not do well for a while and i take my time or i'm not confident i'll hold the stock--like DIS or SBUX

say i have the position up to 15k and then it grows to 20 to 25k--theoretically the plan is to trim and invest that 5 to 10k into another stock or stocks and get that position back to 15k

Hmmm... the problem with this algorithm is that it requires you to continually seek out new positions to invest in, and eventually you may dilute the quality of your portfolio.  I've always thought that as my portfolio grows, my "acceptable position size" would grow along with it so I could limit my holdings to ~ 30 or so.