What I Am Buying Today.

[fenders53]

(02-10-2023, 06:54 AM)ken-do-nim Wrote:

(02-09-2023, 06:45 PM)rayray Wrote: added to alphabet

it's my largest holding, i don't have an issue adding to the larger positions--don't really have a position size in the portfolio--i use to go for an "x" amount whether dollar amount or shares--that doesn't really exist at this time--i guess if i had to pick a number to trim it would be over 20% and tbh i don't think any position is over 9%

just checked, msft edged out goog/googl as the number one spot by a little

alphabet is 7.46% of my portfolio and i'm okay with that

During last year's debacle, I've come up with a new "rule" for my portfolio that when pure Growth stocks/etfs hit an all time high, I sell off at least 20% and redistribute into DGI stocks/funds.  Other than that, I don't have a max size limit either.  (pure growth means no meaningful dividend; nvidia for example has a dividend but it is too small to matter)

Broadcom/AVGO is my biggest position and will continue to be as it hits all 3 objectives: nice dividend to start with, excellent dividend growth, and excellent price increases.

That's a good rule.  I constantly plead with young investors to look at 20YR charts. Things change, new leaders appear, old leaders remain, but at a lesser future growth rate.  Failure to trim pure growth when you get it right turns most of them into market performers with few exceptions.  The greed tells you to hold.  Even a blessed stock like AVGO should be trimmed if it gives you multiple years of gains in six months.  GGOGL was hyped as too cheap to not own at around 3000 pre-split.  Here we are down 35% and the PE is about the same today as then.