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


To: chowder who wrote (2756)5/15/2024 10:15:32 AM
From: ArsenalFC2 Recommendations

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BasketballJ
chowder

  Respond to of 22061
 
This is also why I have followed you on SA when I started investing as a DGI back in 2015.
At that time I was only able to add about $300-$400 a month (if that). In many of those fake portfolios, it was a starter position of $10K in multiple companies all at once. I was lucky to be able to save $10K in a year back then so those portfolios never made sense to me. When investing with small amounts, Chowder said to ignore valuations since those small amounts didn't really matter since I don't invest as a "one and done" as those portfolios did.

However, I will say that Mike's DG50 was also very relatable to me at that time because I had a smaller portfolio back then. The portfolio was also a good reminder over the years to pick quality companies and let them run. No need to take profits just because the price is up as you can miss out on much larger returns like MSFT.