04-01-2014, 03:52 PM
(04-01-2014, 09:54 AM)cannew Wrote: This seems to be mentioned often, I wondered what you mean by Core Holdings?
To me core holding stocks are ones I've decided to buy and probably hold forever. I would only consider selling if the company was to merge with another or if management cut the dividend without cause (as I saw it). Otherwise I'd hold, re-invest the dividends and buy more every time the price dropped below my value price.
My other holdings are ones I bought because I believe they are good dividend growth stocks, have a good DG record (min 10 yrs) but I'm not as comfortable calling them a Core holding. I would look to sell these if they did not increase their dividend, where with a Core stock I'm not as concerned if the dividend is not raised every year.
I agree with most of what you are saying about the Core holdings though, like others it does not mean hold forever, always keep a watchful eye.
To me Core is the base, strength, heart and sole of the portfolio, to me there can be several Core's.
But hey what do i know.
I will admit, I do get somewhat confused on some of the terminology thrown around and am constantly, googleing terminology.
Jimbo