Young and Older Folk Portfolio Message Board

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Strategies & Market Trends : Young and Older Folk Portfolio

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jritz0

Markbn

To: Markbn who wrote (7143)	7/31/2024 4:06:26 PM
From: chowder	2 Recommendations Read Replies (1) of 21877

Re: SMH ... It is a very concentrated portfolio. That's what I wanted to take advantage of while the tech sector was in the early phase of AI. I have been averaging up on the SMH position in the YFP and so far it is up +82%. I opened the position on March 2, 2023 and that lot is up triple digits. I've been adding shares in addition to it being set up on dividend reinvestment. This portfolio also holds XLK, so I have some diversity there. At some point, I will trim SMH and roll it over into XLK. That point hasn't arrived yet.

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