June 28, 2019. The whack job liberals want to pay illegal’s healthcare, and take away private insurance. Wow guess they want to lose in 2020. Amazing.
Markets very flat this week in front of meeting with China. We doubt there will be any agreement.
Happy to see lots of dividends coming in today at the end of June.
We have frequently expressed frustration with the HUGE number of positions in the Core Portfolio. As of today, there are 119, yes 119 positions. If any financial advisor would look at the portfolio, they would call us crazy….over diversified….maybe even stupid.
As noted on here numerous times, we have tried and tried to make cuts, but with the markets continuing higher we just keep buying.
The reason we even took the time today to count, is that we were reading a column by a respected newsletter writer, and they admitted to having 72 positions—–even that number is stupid high. We are approaching TWICE that lolol.
THE LESSON HERE: do not make the same mistake we are making. Generally speaking 25 holdings in a portfolio is generally regarded as a good guideline.
NOW IN OUR 7TH YEAR
NOTE TO NEW READERS: Before you buy anything we discuss here, GO to the Core Portfolio tab to see a CURRENT listing of holdings. This blog is designed for investors seeking income.
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