It's a start, Steve, but I notice that you're still buying rounded off to the nearest 5 or 10... you'll only have kicked the habit completely when you buy 123 shares, or 289 or 151 shares of stuff... in fact, don't even think of the number of shares, instead, use a calculator and enter the dollar amount you want to invest -- you can even use round numbers in this part, like say $10,000 -- then divide by the share price and round off (up) to the nearest whole share... e.g., you want $10,000 in EPB, divide by the share price you want to pay, say 23.90 and then order 419 shares...
See? You can still use round numbers, like $5,000 or $10,000 or $25,000 or whatever and then simply divide by share price and buy that number of shares instead of rounding THAT number again... rounding twice... believe me it is liberating and actually helps track performance because if you invest exactly the same amount, or multiples of some amount in every position, you can easily see how it's done for you by simply looking at the balance for that position (plus dividends or simply the balance if Dripping with divvy reinvestment)... and best of all you can more easily compare positions to each other by the amount of dollars invested.
All is FWIW of course... what you've been doing has worked well for you and perhaps if it ain't broken, you shouldn't fix it... I just remember how liberating it was for me when I stopped thinking in round lot share numbers vs. simply looking at the round numbers of cash I wanted to spend and simply buying the amount of shares that worked out to.
<ggg>
Keep up the good work... love this board.
Jim |
