I have effectively been in portfolio lockdown the past few months. Letting my dividends DRIP (dividend reinvestment programs) to help me take advantage of some lower prices sticking to my DCA (dollar cost averaging) strategy.
I have some cash on the sidelines but boy has this been a rough year to be a bull/long investor!
The macro is running the show for the foreseeable future in my opinion but I am keeping the faith. You won’t see selling into weakness from this guy. Some of my positions have been wrecked especially in the high growth sector but as I see it, the shares are worth more than the cash I’d get selling at a loss and I have time on my side. Best to wait for better weather before making any major moves.
Your portfolio is really well balanced. I'm a fan. Also funny that your reasoning for investing in $ROKU is your love of the product; the product is the one reason I won't invest in it. Have you ever tried Android/Google TV? Blows Roku out of the water in my opinion.
@wjared thanks I appreciate the compliment! Yes, I have tried Google TV’s before and they were cool. I will give them that. For me though, I think they are just ecosystems like apple vs. android. I like the Roku ecosystem. I have the TV’s, speakers, subwoofers etc. and for the price it’s hard to beat. For example, unfortunately a few years ago my parents had a house fire so we had to replace everything. We got 5 TV’s a 65inch and 4 55inch TVs plus speaker’s and a subwoofer for under $3k. I have all of my streaming apps through $ROKU also so it’s easy for me to manage. I even have Apple TV via their app with $ROKU. So for me, I love it and my parents do too because of the simplicity. To each their own I suppose and I think a lot of it has to do with what you get used to.