Hello. New Foll here. I need some advice. I've allocated $1k/month toward investing. I already have made my picks and invested accordingly. My questions are:Do I go toward adding on until I get a round lot (say 100 shares) or build it up to a specific amount, say $5000?
Ordnance11,You want to use dollar amounts, not shares.In the end, for a "general" portfolio rule, it is best to establish positions of roughly equal dollar amounts.Once you understand the company, how the business is going, etc, you can chose to add more to a position. If a position is not performing well, leave it alone.Add to winners ...Does that help you?GeneAll holdings and some statistics on my Fool profile pagehttp://my.fool.com/profile/gdett2/info.aspx
Do I go toward adding on until I get a round lot (say 100 shares) or build it up to a specific amount, say $5000?Either way will work as long as you keep at it.My preference is for stocks that have been paying increasing dividends for at least 25 years.https://www.dividend.com/dividend-stocks/25-year-dividend-in...Desert (CVX, XOM, T, BNS, BKH, ED, ATGFF, NI, NWN, TRP, ENB, WRE, WGL, XEL, DUK, SO & KO) Dave
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