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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?
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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?

Gene
All holdings and some statistics on my Fool profile page
http://my.fool.com/profile/gdett2/info.aspx
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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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