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

To: chowder who wrote (1612)	11/9/2023 1:01:01 PM
From: chowder	1 Recommendation Recommended By Markbn Read Replies (1) \| Respond to of 21937

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.

To: chowder who wrote (1612)	11/14/2023 2:39:27 PM
From: chowder	Respond to of 21937

The mid-month cash contribution hit the Young Folk Portfolio today in the amount of $400. The cash was invested accordingly: APD .. $150 SHW .. $50 SMH .. $100 SPY .. $100 This was done in the Roth account and APD and SHW were the two smallest holdings with regard to market value, so I wanted to add to them and build these positions up with the others. SMH I want to represent 10% of the portfolio. SPY I want to represent 25% of the portfolio. I now have SMH where it represents 7.3% of the portfolio value and is the second largest position by market value. I now have SPY where it represents 8.0% of the portfolio value and is the largest position by market value. SPY is still a long way from where I want it to be but in January I plan on selling NSC and SYY and adding all of the proceeds from that sale into SPY, so it will then be much closer to the market cap I am trying to generate. As of now, and the market is still trading, here is where these holdings stand after today's small add on buys. SPY ... $25,761 SMH ... $23,465 APD ... $8,457 SHW ... $8,421