Young and Older Folk Portfolio Message Board

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Strategies & Market Trends : Young and Older Folk Portfolio

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To: chowder who wrote (1612)	11/9/2023 1:01:01 PM
From: chowder	1 Recommendation Recommended By Markbn Read Replies (1) of 21939

I had stated before I wanted to get the number of holdings down in the Young Folk Portfolio and even though I just added to TSCO a week or so ago, I did sell the position today. The TSCO sale generated $7595 in cash and it was invested into the following: SPY - $4,000 SMH - $1,595 APD - $1,000 COST - $1,000 I do plan on building SPY where it represents at least 25% of the portfolio value and may increase it further than that as time goes on. Here are the current values of each position and the percentage of the portfolio value: SPY - $25,014 ... 8.0% SMH - $22,351 ... 7.1% COST - $10,486 ... 3.4% APD - $8,035 ... 2.6% I do plan on having SMH represent more than 10% of the portfolio value. The portfolio is now down to 26 holdings. I will sell two more in January. I'm waiting because the two sales will be in the taxable account and they will trigger a taxable event. I already have too many capital gains for this year which can not be balanced with losses because the account has no losses.

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