How do you all manage your portfolios with long term stocks and the short term stocks that you are waiting to merge or dump. Do you put them in different investment accounts/firms!
Seems like I got too many accounts but mostly everything a long term hold for me. My IRA with mutual funds, two of the ark, Apple, and Tesla be the one I most follow and worry about cuz it's my biggest account in value and the one I gotta sit on for another 25 years or so. My M1 pies with all name brand stocks and the one with all the arks I just leave it be. I got 20 in that pie and want to cut down but every stock has long term potential or has a decent history like J&J which I think you mentioned.
Even my Roth and Individual account which have pennies in them I'm more long on now. Too much work just buying and selling daily. I got a few I'm up very little. Like what's that gonna do for me? Rather just sit and wait. If I got one that I spent like 50 bucks on and maybe got 1000 shares, I'm not gonna suffer if I lose the 50 and I'm not gonna do shyt if I'm up like 5 bucks by just continuously trading.
I might check my accounts twice a day. When I wake up around mid day and then after 5 when the mutual funds are priced in. Someone said "time in the market over timing the market" or something like that and it's true. I just let things play out and keep an eye out for anything crazy. No point in keeping tabs on stocks constantly especially with investments in good companies and funds. I already do that enough with crypto and forex.