02-04-2016, 10:19 AM
(02-04-2016, 09:00 AM)DividendGarden Wrote:(02-03-2016, 03:23 PM)Rasec Wrote:(02-03-2016, 11:53 AM)DividendGarden Wrote: Split evenly among JNJ, DIS, HSY, IBM & XOM. I like to sleep well at night.
I should have provided more information, my bad. I already own all those names with full positions at the moment with the exception of DIS.
My question right now is if I continue opening new positions (I have around 30 stocks at the moment) or increase my weight in existing ones (basically doubling what a full position is for me right now and define a new baseline).
I see. In that case, I think long term and generally buy what's the most undervalued at the time. Today, probably add more to HSY.
Perfect answer, DGarden. My thoughts exactly. 30 stocks should be plenty diversified, so pour new funds into the best opportunity available to you at the moment, even if that means going "overwieght." And as you already said, as your portfolio grows, what constitutes a full position grows too. See my illustrations from this older thread, worth dusting off. (Mostly because I was so proud of my pictures!
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