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

To: chowder who wrote (1042)	7/25/2022 1:29:29 PM
From: Markbn	Read Replies (1) \| Respond to of 21904

Young Folks Portfolio Adj.: Was the intent in selling PRU, TROW and MS to exit all Financial positions?

To: chowder who wrote (1042)	8/10/2022 2:45:56 PM
From: chowder	1 Recommendation Recommended By Menominee Respond to of 21904

Re: Young Folk Portfolio ... Add On Buys A week or so ago I stated that I had sold BMO and intended on investing those proceeds elsewhere. The proceeds from that sale came out to a little over $3,600. This was in a taxable account. I then moved $3,000 of that over to the Roth IRA and that maximizes this year's contributions into the Roth. All further monthly cash contributions now have to go into the taxable account for the remainder of the year. In this portfolio a full position is $4,000. I decided I wanted to add to each of the positions below that full position threshold. I added small amounts to each of the following positions. I added 1 share to each of the following: AWK .. AMGN .. STE .. HSY .. TSCO .. SYK .. APD .. SPGI .. AVGO. I added 2 shares to MKC .. 7 shares to RYLD .. 14 shares to XYLD .. 15 shares to TU. Since I was making such small purchases, I didn't pay attention to valuations. The goal was simply to try and build each of these positions up in size where they eventually become full positions.

To: chowder who wrote (1042)	8/23/2022 5:12:53 PM
From: chowder	2 Recommendations Recommended By Menominee peterad Read Replies (2) \| Respond to of 21904

Re: Young Folk Portfolio ... Portfolio Management In the comment that this one is linked to (1042) I stated the following: >> I have decided that there are too many positions in this portfolio to be able to build up in size at a reasonable rate based on the amount of cash going into the portfolio each month, currently $600. If I can raise the dividend amount coming in every month, along with the monthly cash contribution, I should be able to build positions more quickly early in this person's investing time-frame so that compounding can have a more powerful affect years from now. << With this in mind, I'm trying to get the portfolio down to 50 positions so today I sold AMGN and SYK. I also have a few high yielding assets that when they become overweight, I will trim them back to a full position. In this portfolio, a full position is $4,000. With this in mind I trimmed ARDC and EXG back to a full position. This gave me the proceeds to add to quite a few assets and I added anywhere from 1-3 shares per company as I wish to slowly build each of the companies up to a full position. All of the following add on buys today brought every one of these companies just up over a 3/4 sized position. Today I added to: STE .. DHI .. PH .. SPGI .. TU .. CTAS .. HSY .. MKC .. TSCO .. AWK .. APD .. DPZ .. RYLD .. XYLD. I still have some cash to put to work and will probably do so tomorrow. I did not take the market or valuations into consideration. Since I am using a dollar cost average strategy I didn't want a 1 or 2 share purchase to be the biggest decision to be made. It was more important for me to just keep adding a few shares at a time.