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Author: culcha Big gold star, 5000 posts Old School Fool CAPS All Star Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 6729  
Subject: Re: Disposition of existing stocks...? Date: 1/18/2014 12:45 PM
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Just last month joined MDP. Am now about 50% bought into the "Buy Now" and a few "Buys". But, I already own some stocks that aren't doing too bad:

General Electric--GE; United Technologies--UTX; Valero Energy--VLO; Honeywell Int'l--HON; Johnson Controls--JCI; and General Motors--GM.

Each of these separately and as a whole have outperformed the S&P during my ownership. VLO, JCI, and HON, if sold, would be long-term gains.

What would any of you do with these? Hang on and selectively sell off as they begin to weaken? Are some in trouble that I can't see? Sales cash will go into more MDP "Buys".




My thoughts are mainly to stick with the stocks you originally wanted and are currently doing well. As you suggest, you could always sell them later. (My guess is that HON would be the first, but that's really no more than a guess.)

You might think of your investments as being diversified across two different methodologies. One methodology is the one that first employed years ago and resulted in such holdings as GE, UTX, VLO, etc. The other methodology is the one represented by MDP.

I don't see anything wrong with having two portfolios, each one following its own methodology.

culcha
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