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Performance 5-22-23
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Up +0.79% for the day

Bought $100 DCA into $V $MA

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Jeff Sanders's avatar
Jeff Sanders
@darthtraderMay 22
How often do you DCA new funds into your account?
hypescaleflow's avatar
hypescaleflow
@hypescaleflowMay 22Author
@darthtrader I’m trying to invest $2k a month. My core positions are tech stocks that are hitting all time highs so I’m not adding to them, so I got started adding Dividend growth portion, so I added 10 new holdings so I’ve been slowly adding to each $100 till I get them about $2k each by the end of year so I’m planning $20k this year, which is about how much input into growth tech names in 2022. I’m not in a rush and most of them are not in a great dip so I’m buying slowly
Jeff Sanders's avatar
Jeff Sanders
@darthtrader6d
@hypescaleflow makes sense. Thank you!
Joey Hirendernath's avatar
Joey Hirendernath
@joeyhirendernath6d
@hypescaleflow Do you trim your positions fairly frequently or is it more a case of letting the winners run?
hypescaleflow's avatar
hypescaleflow
@hypescaleflow6dAuthor
@joeyhirendernath yes. I rebalanced back in may for the first time since 2021. I trim my winners in tech like $NVDA and put them in new dividend growth stocks like $V and $SPGI. My holdings went from 17 to 27 so I think I’m just going to focus on growing my new positions and just hold my winners in tech even as they probably will give up some gains in the short term. My plan is is to buy dividend growth compounders as people rotate out of them to chase tech growth, and when tech growth falls out of favor and cools down I’ll resume buying them so I kinda created two portfolios inside this that I’ll alternate DCA and buy and hold into. Also for a lot of the dividend growth stocks the yield is low so they are pretty much growth stocks but they tend to be monopolistic in different industries so they don’t all fall off when tech all sell off.
Joey Hirendernath's avatar
Joey Hirendernath
@joeyhirendernath5d
@hypescaleflow Really helpful to have this context thanks
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