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Strategies & Market Trends : Young and Older Folk Portfolio -- Ignore unavailable to you. Want to Upgrade?

To: chowder who wrote (855)	3/9/2022 2:22:10 PM
From: chowder	2 Recommendations Recommended By red cardinal rnsmth Read Replies (1) \| Respond to of 21801

Re: Old Folk Portfolio ... Add On Buys When the market is in a correction like we've seen the over the past couple of weeks, I like to add small purchases that make sizable drawdowns given in any one day. Since I don't know where a bottom will be established, or how long it'll take, I do want to be sure to take advantage of lower prices as they present better valuations and higher yields. I may not catch the bottom but I will average down into it. By investing small I'm not risky too much money in the event prices continue to fall. I look for companies that drop in price by 4% or more on the day. With this in mind, yesterday GIS dropped down more than 5% and GD dropped down more than 4%, thus I added to both positions today. GIS - added 5 shares GD - added 9 shares. Next I looked for companies selling at a discount to fair value. The following companies are all considered undervalued by Morningstar, CFRA, FAST Graphs and through my DCF Flow Model even when using a bear scenario, therefore they are eligible for larger sized positions. The larger positions will be smaller lots, the smaller positions larger lots while still selling at a discount to fair value. With that in mind I added to the following companies: These companies represent larger positions in the portfolio thus I added in smaller lots. CM - 9 shares GPC - 9 shares RY - 10 shares TD - 14 shares These companies are smaller positions in the portfolio thus I wanted to build them quicker while they are still selling at a discount to fair value. DHI - 63 shares TJX - 84 shares All of these purchases were made at the open.