04-28-2021, 01:15 PM
Update time!
Current portfolio:
JNJ
LHX
TMO
UI
S&P 500 index fund
Some explanations here.
TMO - she wanted this. Looks like a very solid company for the long-term actually, but it's quite expensive right now. (covid has been a massive boost to earnings, and that boost will likely fade away in the coming years). She wanted it anyway, and as I said, solid company long-term so why not.
UI - this came down to MSFT or UI. Basically I told her all tech is highly valued, and there is nothing cheap here. MSFT was my recommendation, it's safe and probably about as stable as tech gets. But since tech is a bit risky anyway, she wanted to make this the one really risky bet in the portfolio, so what's better than UI for crazy ups and downs while still actually owning a good, very profitable, company with good long-term prospects? It's certainly a risky bet, always has been, but hopefully it still has quite a bit of room to run.
Future additions:
-PEP
-One of those utes one day. XLU would have been perfect, but I can't get the one that distributes the dividend out. (she prefers to get the dividends in hand) I might wait a while and hope for a correction and then just pick a random one out of your recommendations.
Current portfolio:
JNJ
LHX
TMO
UI
S&P 500 index fund
Some explanations here.
TMO - she wanted this. Looks like a very solid company for the long-term actually, but it's quite expensive right now. (covid has been a massive boost to earnings, and that boost will likely fade away in the coming years). She wanted it anyway, and as I said, solid company long-term so why not.
UI - this came down to MSFT or UI. Basically I told her all tech is highly valued, and there is nothing cheap here. MSFT was my recommendation, it's safe and probably about as stable as tech gets. But since tech is a bit risky anyway, she wanted to make this the one really risky bet in the portfolio, so what's better than UI for crazy ups and downs while still actually owning a good, very profitable, company with good long-term prospects? It's certainly a risky bet, always has been, but hopefully it still has quite a bit of room to run.
Future additions:
-PEP
-One of those utes one day. XLU would have been perfect, but I can't get the one that distributes the dividend out. (she prefers to get the dividends in hand) I might wait a while and hope for a correction and then just pick a random one out of your recommendations.