03-26-2021, 01:27 PM
Okay guys, thought I'd pick your brains with this one. It's a pretty simple project but I know you guys will have some great ideas that I haven't thought of.
Long story short, someone I know is starting to invest and asked for my help in designing a portfolio. Tiny amounts in relatively steady monthly deposits, anywhere between $100 to $400 or so per month. This is the very basic regular stuff that we all know: long-term growth, DGI, slow & steady. This is some sort of a retirement or "maybe use it one day for something" portfolio for a person under 30 years and dividends are appreciated but not mandatory.
I'd like to keep it quite simple at 5-6 stocks, at least for a while. One or two of those could very well be an ETF. ETF's can be whatever, but stocks should only be US based companies. (broker and tax reasons)
Current portfolio: (just bought the first ones an hour ago)
JNJ
LHX
So we have healthcare and defense covered.
I'm thinking of adding something along the lines of:
1 tech (is there anything here not ridiculously overvalued?)
1 utility
1 basic super safe DGI company. Something like PEP, HON, LOW/HD
The floor is yours, ladies and gentlemen. Any ideas/suggestions/tips are more than welcome.
Long story short, someone I know is starting to invest and asked for my help in designing a portfolio. Tiny amounts in relatively steady monthly deposits, anywhere between $100 to $400 or so per month. This is the very basic regular stuff that we all know: long-term growth, DGI, slow & steady. This is some sort of a retirement or "maybe use it one day for something" portfolio for a person under 30 years and dividends are appreciated but not mandatory.
I'd like to keep it quite simple at 5-6 stocks, at least for a while. One or two of those could very well be an ETF. ETF's can be whatever, but stocks should only be US based companies. (broker and tax reasons)
Current portfolio: (just bought the first ones an hour ago)
JNJ
LHX
So we have healthcare and defense covered.
I'm thinking of adding something along the lines of:
1 tech (is there anything here not ridiculously overvalued?)
1 utility
1 basic super safe DGI company. Something like PEP, HON, LOW/HD
The floor is yours, ladies and gentlemen. Any ideas/suggestions/tips are more than welcome.