07-18-2015, 03:58 PM
I've been considering reducing my current portfolio of 30 stocks down to 25 to try to be a little more concentrated in them. If you could remove 5 stocks, which would they be and why? I have a couple ideas, but I'm not 100%
My portfolio right now:
AAPL - 20 Shares
ABBV - 46 shares
ABT - 42
AFL - 31
COP - 44
CVX - 47
DE - 20
GIS - 41
JNJ - 26
JPM - 27
KMB - 17
KMI - 62
KO - 43
LMT - 17
MCD - 38
MSFT - 37
O - 50
OHI - 62
PEP - 26
PG - 27
PM - 22
RTN - 37
SAN - 222
SO - 82
T - 52
TGT - 58
VZ - 32
WEC - 80
WFC - 32
WMT - 27
As you can see, I don't have full positions in anything. I think selling 5 would help to concentrate me more. I believe being more concentrated will help my growth instead of waiting a few years to accumulate enough shares to get a share via DRIP each quarter or more. I am still pretty young (33), so I am thinking about selling T, VZ, AFL, and SAN (although, SAN is a pretty good income play for the long term and a reasonable div% before this last cut)
Thoughts?
My portfolio right now:
AAPL - 20 Shares
ABBV - 46 shares
ABT - 42
AFL - 31
COP - 44
CVX - 47
DE - 20
GIS - 41
JNJ - 26
JPM - 27
KMB - 17
KMI - 62
KO - 43
LMT - 17
MCD - 38
MSFT - 37
O - 50
OHI - 62
PEP - 26
PG - 27
PM - 22
RTN - 37
SAN - 222
SO - 82
T - 52
TGT - 58
VZ - 32
WEC - 80
WFC - 32
WMT - 27
As you can see, I don't have full positions in anything. I think selling 5 would help to concentrate me more. I believe being more concentrated will help my growth instead of waiting a few years to accumulate enough shares to get a share via DRIP each quarter or more. I am still pretty young (33), so I am thinking about selling T, VZ, AFL, and SAN (although, SAN is a pretty good income play for the long term and a reasonable div% before this last cut)
Thoughts?