Percentage allocation

Thanks for answering my prior question and a continuation to it, based on your input I purchased WM and if you were me I guess  you will hold it as long as it doesn't cut the 5% rule that abide by, if it continues to goes up then you will sell 1st 1/3rd with 10% gain, 2nd 1/3rd with 20% gain and leave rest as it is as long as it rides above the 50 day moving average.

MARKET ENVIRONMENT IS EVERYTHING!

That is why I include it at the top of the page on a daily basis.

I am not sure of your entry price on WM. That is a good stock for this type of environment as it is  a "defensive" stock. I would not allow WM to trade below  $218.51 as that is the low from the week of February 7. That is also 5% below the $230.00 level. I would start taking some profits (33% or more) at a 5% gain. This market is not allowing for much appreciation. If you bought at $230 then taking partial profit at $240 makes sense while the market is so weak.

Second question: Marty How much % of capital would you recommend being allocated under good market conditions into the market, how much % per stock and how many different stocks do you recommend holding at any given time.

I this current environment I would play small and hold no position above 10% of the portfolio. Even in. a weak tape we can find good stocks. However, they are not as likely to advance as they would in a stronger market. We must take profits more quickly in this type of environment. In a strong market I would hold up to 25% or even more with a strong stock that I had conviction in like Nvidia in early 2024.

Lastly, I am a Physician and will be happy to answer at any point of time if you have any questions pertaining to how human body works in any normal state or diseased conditions.

That is quite an achievement! Congratulations!🙏

What type of physician are you? I believe in the holistic approach  and what we ingest impacts our bodies immensely.

Regards,

Marty