02-25-2020, 09:21 AM
I'm sure we've flogged this one to death already, but Ray just outlined exactly why I did it last month. I started a position in V, MMM, RTN, LHX, TGT a month ago. Not one of those stocks were attractively valued and all well over $100. I hoped just maybe I'd get a chance to build on them. I caught a break and now own 10-22 shares of each. Literally just a couple shares at a time until yesterday when I threw down for five here and there. I may very well dump one if they run away from me.
And Stockguru, I apologize if I implied you were talking down to new investors with little money. I think I know you well enough to realize that wasn't your intent. That's how I might construe it though if I only had a $5K port and wanted to share. We do have a couple of those guys here that post now and then. Eric is a pretty good example. He may only have 10 or 20 shares of some stocks in the DGI port he shares. His knowledge of some companies far surpasses mine. His research is pretty solid and he has put me on to several companies I have done very well with. I've probably received a pretty good tip from almost everyone here at some point,and a few bad ones too but hey, the advice was free lol. I may be the most bearish member that posts regularly. If I cause you to tread lightly now and then, good, I'm quite OK with that. Sometimes I'm right.
And Stockguru, I apologize if I implied you were talking down to new investors with little money. I think I know you well enough to realize that wasn't your intent. That's how I might construe it though if I only had a $5K port and wanted to share. We do have a couple of those guys here that post now and then. Eric is a pretty good example. He may only have 10 or 20 shares of some stocks in the DGI port he shares. His knowledge of some companies far surpasses mine. His research is pretty solid and he has put me on to several companies I have done very well with. I've probably received a pretty good tip from almost everyone here at some point,and a few bad ones too but hey, the advice was free lol. I may be the most bearish member that posts regularly. If I cause you to tread lightly now and then, good, I'm quite OK with that. Sometimes I'm right.