08-19-2014, 02:22 PM
(This post was last modified: 07-20-2016, 12:10 PM by twil.
Edit Reason: New purchases
)
Hi everybody! I just posted in the intro section now I thought I would post in here. I've been reading a lot of these posts throughout this forum and have come to the conclusion that I need to switch my style of investing. I need to plan for my future. Currently I have about 6000 to play with and I add about 100-500 per month to my trading account. I currently hold 3 small cap companies that I bought when I first started lost some money so now I feel obligated to hold.
My reason for posting is that I needed some guidance from the wise ones of these forums. I have been looking at the classics to start my portfolio: T, PM, MO, CVX, GE, GM, F, JNJ, TGT, WAG, KO, PG, MCD, INTC, MSFT, PFE and AAPL(if it drops a bit). Thats a big list, I know I need to narrow it down to a couple.
With 6000, would it be better to split it at 3k and buy two DG stocks, say PM and T? Or split it into 1000$ investments and buy 6 companies to start out with?
Like I said earlier, I will be adding to my acct monthly. Any advice would be greatly appreciated. Thank you !
Twil
*EDIT*
Current holdings:
(6/9/2016)
AAPL
ABT
BAC
COP
CVX
GILD
HIMX
KMI
KO
OHI
PM
SBUX
T
XOM
PLAN TO SELL: PLUG
Listed in no specific order, just how I remembered them.
My reason for posting is that I needed some guidance from the wise ones of these forums. I have been looking at the classics to start my portfolio: T, PM, MO, CVX, GE, GM, F, JNJ, TGT, WAG, KO, PG, MCD, INTC, MSFT, PFE and AAPL(if it drops a bit). Thats a big list, I know I need to narrow it down to a couple.
With 6000, would it be better to split it at 3k and buy two DG stocks, say PM and T? Or split it into 1000$ investments and buy 6 companies to start out with?
Like I said earlier, I will be adding to my acct monthly. Any advice would be greatly appreciated. Thank you !
Twil
*EDIT*
Current holdings:
(6/9/2016)
AAPL
ABT
BAC
COP
CVX
GILD
HIMX
KMI
KO
OHI
PM
SBUX
T
XOM
PLAN TO SELL: PLUG
Listed in no specific order, just how I remembered them.