Re: Young Folk Portfolio -- Add On Buys & Sells
Portfolio Objective:
The portfolio value needs to grow at an 8.25% CAGR.
The dividend cash flows need to grow at a 13.8% CAGR.
A full position in the Taxable Account is $8,000 for equities and $4,000 for CEF's and ETF's.
A full position in the Roth Account is $4,000.
For the average investor (me), bear markets are a normal part of the buy and hold investing experience, and a passive strategy like dollar-cost averaging can be the best way to lower cost basis and set oneself up for success once the market eventually turns around.
I've been wanting to get the number of holdings in this account down to a total of 50 companies. With the sales made today I was able to accomplish that.
Additionally, the four assets I sold were all showing losses so I'm able to use those losses to offset capital gains that were taken at the beginning of the year.
Today I sold:
ARDC .. 313 shares
EXG .. 472 shares
RYLD .. 212 shares
XYLD .. 101 shares
The proceeds from these sales, along with the dividends that hit the account, I had over $15,000 to work with, all of which was invested in the following. The objective here was to bring these positions up in size. These moves were all made in the taxable account where a full position is $8,000.
Today I added:
Company -- Position Size
ABT .. 10 shares .. $9,036
D .. 22 shares .. $5,878
DE .. 3 shares .. $10,434
DPZ .. 4 shares .. $6,419
ELV .. 2 shares .. $8,990
HD .. 4 shares .. $9,044
MA .. 3 shares .. $8,195
NEE .. 14 shares .. $7,912
NKE .. 15 shares .. $6,387
NSC .. 5 shares .. $7,558
PG .. 8 shares .. $8,471
SO .. 16 shares .. $9,080
SYY .. 14 shares .. $6,602
TGT .. 7 shares .. $8,332 |
