11-20-2014, 09:14 AM
Similar here, the size of a position changes as time goes on.
For example in my 401k that I write about on Seeking Alpha, a full position started at $500 when I built the portfolio, which was 50 stocks in a $25k portfolio. Now that the account has grown to around $44k, a full position is $1000.
So now when I look to buy stocks with new money I decide whether to bring laggards up to full positions, or overweight other positions that I like that may already be at that $1000 level.
For example in my 401k that I write about on Seeking Alpha, a full position started at $500 when I built the portfolio, which was 50 stocks in a $25k portfolio. Now that the account has grown to around $44k, a full position is $1000.
So now when I look to buy stocks with new money I decide whether to bring laggards up to full positions, or overweight other positions that I like that may already be at that $1000 level.