Ok so here is where the mental part of investing comes into play and tricked me.
I was thinking of adding a new position but also wondered if I should add to KMI & CAT because they were in the red. With the gains I've incurred already I didn't think it was feasible to add 5, 10, or 15 shares here and there to positions already held. Spending that amount on one stock would get me more shares (almost 100+ in T), giving me a higher dividend amount, and eventually getting me more shares at a faster rate. Mentally tricking me into believing I got a better value with my purchase just because I would be looking at a bigger number of shares.
Although KMI & CAT are in the red, I know this is a long-term investment with plenty of time to recover (I hope). Thinking about adding 100+ shares of T kept me from looking at the big picture and considering other options.
Thank you to Greg and Trey, not for suggesting what I should do but for giving me another perspective on how to invest and think about investing.
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Jose
Last edited by CRCRFT78; 10-04-2015 at 10:17 PM.
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