11-07-2014, 11:31 PM
(11-07-2014, 06:03 PM)guileapp Wrote: Hello,
I am in my mid 20s and am pretty new to investing. My goal is to have many dividend stocks and reinvest dividends. I am thinking of having just a few and holding long term, but how many is enough? I currently hold disney and apple about 50/50 allocation. Does anyone recommend any other dividend stocks? I am thinking of holding just holding 3 long term, is that a bad idea? I have about 2k invested in apple and disney and bought dis mid $80s and apple mid $90s. Thank you for the replies, like I said I am new and maybe I am not doing things correctly. I know disney isnt a quarterly dividend but I like them for the long term as a buy and hold regardless.
A portfolio of 10-30 is good. Diversification is important.
Work at it at your pace and as I have learned, PATIENCE, buy good quality companies, don't get spooked and sell at the first bad sign of times.
You are young and have lots of time.
Don't try to spend all your time analyzing your portfolio, SWAN (sleep well at night) is important.
One of the best things you have/will do is start young, drip and let run for many years.
You wi find lots of great advice and people here who will help.
PATIENCE.
JIM