Investing 102

[toy71camaro]

So... Now i am covered in these sectors within my ROTH:

Retail/Wholesale (MCD) 19%
Comp&Tech (MSFT, CSCO, APPL) 16% (before "Investing 102" purchase)
Utilities (ED) 26%
Consumer Staples (MO) 26%
Aerospace (LMT) 5% (before "Investing 102" purchase)
Medical (PFE) 5% (before "Investing 102" purchase)

What sectors would be a good offset for these? My next two considerations for next weeks purchase ($2k) would be possibly be in Finance, and Oil/Energy. Just trying to gauge where to invest my "time" to research.

[CRCRFT78]

I'm looking at my Rollover IRA (Fidelity) and when you say to look at the unrealized losses/gains, would that be the same as ''changes since purchase, dollars/percent". Navigating Fidelity's page is somewhat troublesome so I'm hoping their terminology is just different and I'm not looking at it incorrectly.

[toy71camaro]

Originally Posted by CRCRFT78

I'm looking at my Rollover IRA (Fidelity) and when you say to look at the unrealized losses/gains, would that be the same as ''changes since purchase, dollars/percent". Navigating Fidelity's page is somewhat troublesome so I'm hoping their terminology is just different and I'm not looking at it incorrectly.

Im guessing so. My Sharebuilder (where i have my ROTH IRA) has a "Gains or Loss" column. and the footer notes show thats the gain/loss ($ and %) since "purchase".

[CRCRFT78]

Looking at my IRA I've noticed Pepsi is -7.72%, Consolidated Edison is -6.93% & Disney is -2.34% since purchase. Is -5% just your benchmark for scaling in or is that one of those unwritten suggestions for investors?

[CRCRFT78]

Well I've been itching to add to my stocks so I just purchased 10 more shares of Pepsi @ $62.29 ($622.90). Combined with the initial 15 shares I purchased at $67.51 ($1012.65). Which comes out to an average of $65.42 per share. With the stock being down -7.73%, and with the intention of holding for the long term I thought now is as good a time as ever.

Sorry theres no real purpose for this post, just excited to add to my investments and looking forward to what the future holds for me once these start to pay off.

[toy71camaro]

Originally Posted by CRCRFT78

Well I've been itching to add to my stocks so I just purchased 10 more shares of Pepsi @ $62.29 ($622.90). Combined with the initial 15 shares I purchased at $67.51 ($1012.65). Which comes out to an average of $65.42 per share. With the stock being down -7.73%, and with the intention of holding for the long term I thought now is as good a time as ever.

Sorry theres no real purpose for this post, just excited to add to my investments and looking forward to what the future holds for me once these start to pay off.

Sounds good man... its ok, i feel those "need to share moments" too. i think half mine are. hah..

Any how, i think you basically "did good".. you knew u were keeping them long term, you seen a 7% sale today, you had some cash and you took advantage of it. Does that mean next time it goes on sale for 7% off you buy it also? nah, all depends on what ya got to spend, and when, etc.

Atleast thats how i see it.

[CRCRFT78]

Albert, I had the cash just sitting there doing nothing (lazy workers) and for some reason it just never dawned on me to look at the market as "going on sale" when its down. Your comment lit a lightbulb when you said that. So buying seemed like the next logical step. Unlike most people I don't feel bad taking the loss when the market is down and I don't panic when that happens. However, after making the purchase I'm no longer worried about when my lazy workers will get back to work.

And on top of that, who doesn't like buying when things go on sale.

[toy71camaro]

LOL exactly. Thanks Greg for that little tidbit of info.

[CRCRFT78]

Greg, regarding Banco Santander, can you give us some insight about the ADR fees and how do they affect your overall ROI? Banco Santander has been a name I've been watching but being a newbie I want to make sure its something I understand before spending money on. Would this be stock to purchase for my IRA (my retirement) or my Schwab (money I have no attachment to if lost) account.

[Bucketlist2012]

Originally Posted by CRCRFT78

Well I've been itching to add to my stocks so I just purchased 10 more shares of Pepsi @ $62.29 ($622.90). Combined with the initial 15 shares I purchased at $67.51 ($1012.65). Which comes out to an average of $65.42 per share. With the stock being down -7.73%, and with the intention of holding for the long term I thought now is as good a time as ever.

Sorry theres no real purpose for this post, just excited to add to my investments and looking forward to what the future holds for me once these start to pay off.

Excitement is good... You know , we never time the bottom..That is why we scale in..

Even stuff I bought on sale last time , went down before it went up..So i lost, right after I bought...But the dividends, and the rebound finally came, as i thought it would..

It is hard to part with cash, but in the end, the cash will generate nothing, and Inflation will crush you..So good job, on putting it to work..

I won't even look at mine today...because it always ends up up, just not today..