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No. of Recommendations: 10
I'm too new to drips to regret any particular stock. But I do regret jumping in with both feet, buying single shares in so many stocks(8) at once. I wish I'd started with two or three and purchased at least 50 shares in each before even considering adding another stock.

I suppose that this time next year, I'll get bored and sell off a drip or two and reinvest what's left in something new or an old drip that is prospering.

My goal, however, is to find at least two or three that I'll be happy to keep for the next 20 years and longer.

Melissa
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This type of attitude can do far more damage than good to your long haul performance.

Being bored is NOT a reason to sell something.

It merely creates a taxable event and you get to cough up a % of your gains to Uncle Sam. If you have a loss Uncle will only forgive you to the tune of $3,000 per year, after that it is all your loss. The bigger your gains, the more Uncle gets, but only when you realize the gain by selling.

Unless you only get bored a time or two over the decades that will pass, I doubt you keep a stock the next twenty years or longer.

exilion
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