I made my Birthday Buys this week - my time of year to start new positions!
This strategy allows me:
**1. Time to track potential new positions
- Slow & steady diversification
- Growth in existing positions throughout the year
- A way to Celebrate!**
I bought 2 new companies in both my Roth IRA and Taxable Brokerage
Taxable Brokerage
- Railroads were 0% allocation
- RR's were relatively weak in my Watchlist Scorecard (2.5/5)
- Buy made for the sake of diversification
- Highest rated stock on Watchlist (4/5)
- Growth & dividend opportunity
- Wife shops here almost weekly
Roth IRA
- Tied for highest rated holding on Watchlist (3.5/5)
- CPG was 0% allocation
- Very defensive company
- Tied for highest rated holding on Watchlist (3.5/5)
- CPG Food was 0% allocation
- Local (PA) company
- We like their products!
Do you have any celebrate by buying stocks?
If you’re interested in learning more about my Scorecard, you can check it out (along with my other financial resources) at the link in my bio!
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