Hey, the tier system has personally done me very well and exactly for the reasons you stated: Knowing what to focus on when the market crashes. That's how I got to increase my JNJ, UNA and MMM positions quite extensively last March and April.
Having said that, I enjoy these updates and I think once a quarter is indeed more than enough!
I am hoping it gives me some clarity of thought. I have reached a stage where I am getting close to the maximum number of positions I am comfortable holding so the Tier system should help me to identify which positions I should be adding to more heavily. Thank you and the sentiment is mutual, reading your work promoted me to take a look at the tier idea!
Hey, the tier system has personally done me very well and exactly for the reasons you stated: Knowing what to focus on when the market crashes. That's how I got to increase my JNJ, UNA and MMM positions quite extensively last March and April.
Having said that, I enjoy these updates and I think once a quarter is indeed more than enough!
Love your posts, keep up the great work 👍
I am hoping it gives me some clarity of thought. I have reached a stage where I am getting close to the maximum number of positions I am comfortable holding so the Tier system should help me to identify which positions I should be adding to more heavily. Thank you and the sentiment is mutual, reading your work promoted me to take a look at the tier idea!
Love the fact that you are switching to quarterly performance. Makes total sense to me
Thanks IQ. It seems so obvious yet was just staring me in the face for so long