09-07-2013, 09:26 AM
(09-03-2013, 11:12 AM)Shawnjeffrey Wrote: Yep, just added more at 37.83. My portfolio is probably a little heavy on KO now, but it's hard not to take advantage when you feel a company like KO is “on sale"
Besides, at my age (35) I'm not terribly concerned with having balance in my portfolio just yet.
Hey Shawnjeffrey -- I completely agree. This dip below $40 is the first time I've ever bought KO, and it is still a pretty small part of my portfolio, but I am glad to start building a position at these prices. It is certainly not among the highest-rated stocks in my personal scoring system, but I already have pretty good positions in most of those, and as I've mentioned before, as a committed investor in dividend growth stocks, I felt a little 'naked' without any KO at all. I'll add more when I feel like the valuation is good, accounting for the premium that KO usually enjoys.
I also agree with you about portfolio balance at your age. We had a good conversation about that over here.
Good luck to us both!