Quote:
Originally Posted by toy71camaro
well, i am not buying anything yet... actually trying to research what I've already bought, for comparison on whether or not i want to sell it or not to get something else.
I dont own any KMP, and not sure that i will, but i wanted to just use that as an example.
I am trying to "document" what has been previously mentioned for the last 5 and 10 years for each stock:
1. Div %
2. Growth %
3. Total Return
4. Dividends gone up or down?
5. Sector
6. Expense (if any (ie. ETFs)
Then, compare those to the sectors of what i want to be in, and see what i need to diversify.
Like mentioned previously, I want to spread things "even", and keep around 5% of total investment amount in any "one" stock. and want to end up with a half dozen/dozen "solid" sector "Best of the breed" stocks that i am comfortable with.
if that makes sense... unless someone has a suggestion on how i should approach it? (newbie here!!!)
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Nothing wrong with this approach. Just make sure that you totally understand the business of the companies you're buying. It really helps when the market is DOWN... and that is when MOST PEOPLE LOOSE THEIR BUTTS -- because they SELL... They sell because they really have no idea what they own or why --- and most have never heard of a dividend or understand it's importance.
