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Re: gfp927z post# 204

Thursday, 02/29/2024 3:02:53 PM

Thursday, February 29, 2024 3:02:53 PM

Post# of 222
$HYLN will either turn out to be a SMCI play, or a total bust.....depending on how the industry goes.
Anyone who follows me here on IHUB knows I HATE penny stocks, so without my personal connection, I would never ever suggest it.

Now, to your lists.....it's too much. When I was young I tried to follow everything as well, but learned, if you are following everything, you're barely following anything.
Hone your list. (by the way, I had this same discussion with someone else today)....buy more of the ones you really like, and forget about missing out on others. Too many and you have yourself an average return ETF.
I just checked, I have 103 positions in stocks (not counting mutual funds and variable annuities), and I lose track of some. And, I have a lot more money in the market than you do.
If you are about creating income, then I'd say 80% should be focused on this (bonds, maybe a few preferreds, common stock dividend payers). 10% in speculative. 10% in cash.
I also use variable annuities to create my guaranteed income for life.
I know this isn't the board for advice, but I just see you posting about soooo many different stocks. You aren't seeing the forest through the trees.

Just my opinion, of course.

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