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Strategies & Market Trends : Fundamental Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: bruwin who wrote (1834)	7/12/2012 5:23:11 PM
From: The Ox	Respond to of 4719

I would lean towards the later date, with the Friday closing prices as the starting point. I would also lean towards no selling of portfolio holdings within the first 9 months or a full year, as this is supposed to be a long term holding portfolio. If one of the entries is bought out for cash, I think we should add another within 3 months. If its merged in a stock deal, then we should assume the new stock as the holding until our year end review (or whatever our review time frame is). As to taking profits, that's an interesting subject. A lot of options. I like the idea of automatically selling a predetermined portion of a position if and when it reaches a 100% gain (20% to 33% would be my suggestion) . Then, during our review process, we have the option to either buy more of our current holdings and/or sell one off. If we dump a position, I suggest we combine any auto-sale profit dollars with the net from the sold position to use as our funds to purchase the new holding Out of curiosity, should we buy equal amounts of all 10 stocks or should we intentionally rank them and buy various position based on a predetermined by rank. (ie 15% to the top 2 positions, 10% to the next 5, 2 at 7% and 2 at 3% or something like that, which would allow for 2 wild card type positions which would not necessarily destroy the portfolio if they tanked). This may be too much for the setup but just tossing out the concept. Also, I like the idea of adjusting the portfolio only in the 3rd quarter of each year, since this is when we are starting it. Recommendations for adjustments could be discussed in the 2nd quarter and our plan should be in place before the start of the 3rd quarter. These are just off the top of my head....tossing out ideas but it would be best to have all the details "locked in stone" before we proceed, to reduce potential conflicts as to our future approach to the portfolio.