I recently started an account for long term growth. Can you guys give me some input on if its a good idea and if I am diverse enough?
Im currently at 4 companies $1k basis in each company. I plan on adding at $1k increments until I hit 15-20 companies and reinvest all my dividends. Of course if there are any opportunites within I will add/subtract accordingly to how I feel about how that company is doing.
Currently with Ford, KMP, Att, Home Depot. Am I on the right path with diversity and my slow way of getting this account rolling for some big long term gains?
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1978 Camaro
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