The market could fall apart quickly in a second Stocks crashed to unbelievable lows at the open, even high-quality stocks Brokerage websites had performance issues Stocks recovered quickly from the lows as well, albeit they were still down I only got 100 shares of KO and T at the low prices because the orders had been placed weeks ago. It was a pleasant surprise to snatch the shares. The crash showed that my portfolio was not crush-proof. It’s very vulnerable. It’s … Continue reading >>
Follow my current investing strategies Build up positions on some of my holdings Learn how to determine whether a stock has bottomed to avoid catching “the falling knife” Learn how to determine whether a stock is about to pop so that I can sell high … Continue reading >>
I’m not using DRIP anymore because the cost basis was way higher than I would have bought, so I’ve decided to add at least 100 shares every year to the following stocks on my own when there is a price weakness. It is basically a DIY DRIP that I control at prices that I’m happy with. I have enough free trades to use so I’m not going to incur any cost for doing this. I’m tracking the progress down here. Orange color … Continue reading >>
Less is more. Concentrating on a limited number of quality stocks. Boring is a good way to make money in the stock market. Don’t do anything just because I’m compelled to take some sort of action. Do Nothing sometimes is a good thing. The market is unpredictable. Don’t fight the trend. Cost basis does matter. To mitigate the risk of my portfolio, buy a lot when the stock price falls below my cost basis and sell a lot at a higher cost … Continue reading >>
Core Holdings – invest at least $10,000 principle. These stocks will probably be held for life. Tier 1 Holdings – invest anywhere between $5,000 and $7,500 principle. Tier 2 Holdings – invest anywhere between $3,000 and $5,000 principle. Tier 3 Holdings – invest less than or equal to $3,000 principle.