What Did You Buy Today?

[rayray]

(02-24-2020, 05:01 PM)fenders53 Wrote:

(02-24-2020, 04:44 PM)stockguru Wrote: Here's a question.

I know a lot of you buy 1 share, 2 shares here and there. But lets say you buy Company X at $100 a shares. And then next thing you know it goes up $10 to $110 or even higher. Well you never got that opportunity again to buy more shares are are stuck with 2 shares.  Unless you hold it for 20-25 years your not going to make a dime lol

The question I have is why not start out with 25 or 30 shares and if it were to go down more then you can add a few shares here and there. But at least if goes up 20 or 30 points you make some money.

I learned the hard way. I had bought 15 shares each of V and MA some years back under $100. Then they just ran and I never got an opportunity to add more lol.

The only stocks I will buy 1 or 2 shares of is GOOG or BLK. I own 2 shares of Google and 8 BLK. I will be looking to add more to those names if we keep going down

Your 25 shares may well be the equivalent of somebody else's 1 share, or my 250 shares.  I'm not sure I completely follow your logic. 

I almost always buy 100 shares.  I very recently started some positions I wish I had started long ago, but I know they are way too damned overvalued to get crazy on them now when a dip could be coming (like today or next month for instance).  If I get stuck with 5 or 15 shares of V or TGT because it launched, it's gonna be OK.  

I hope nobody is ever ashamed to tell us they bought $100 worth of this or that today, especially if they tell us why they like the stock.  Our net worth  is not what this place is supposed to be about IMO.  A little diversification never hurts either, even if you are just starting out.

I'm sure I ran a little farther with that than you meant stockguru, but I see no harm in buying slow when commissions are free.

Sometimes, I'll buy very few shares just to monitor the stock for future buys. If I really like the stock but view it as overvalued I'll buy say 2 shares then buy more when it becomes fair to undervalued--the only way I'll do this is if I really really want the stock in my portfolio. I would only do this with a free trade, but now with ZERO commission buys it's a moot point...ironically I haven't down this in quite some time.