03-27-2014, 05:02 AM
(This post was last modified: 03-27-2014, 05:19 AM by Dividend Gamer.)
My goal is to build a very diversified portfolio, and I would like to be able to never sell any of my stocks.
I want to be able to pass on them to my children and put them within a trust to protect them for hopefully generations.
I will buy over time at least the top two of many industries to cover against future competition, and moat establishment.
Two examples are:
Waste management companies, so the big two are Waste Management (NYSE:WM), and Republic Services (NYSE:RSG). But I like to have an eye on new players too, so I have looked over Clean Harbors (NYSE:CLH), which currently doesn't offer a dividend, but over time should establish one, and if not may be liquidated to fund a future investment.
Funeral service companies, this is with the two big names Service Corp International (SCI) and Stonemor Partners (STON), again for a smaller company play there is Carriage Services Inc. (CSV).
Another group that I have just started looking into, and have yet to buy any are insurance companies. But two I am looking at are HCI since I live in Florida and Validus (VR).
As a bonus odd ball kind of stock that I love to bring up to people is Corrections Corporation of America (CXW) a prison company that most people find hilarious that you can buy into it.
I want to be able to pass on them to my children and put them within a trust to protect them for hopefully generations.
I will buy over time at least the top two of many industries to cover against future competition, and moat establishment.
Two examples are:
Waste management companies, so the big two are Waste Management (NYSE:WM), and Republic Services (NYSE:RSG). But I like to have an eye on new players too, so I have looked over Clean Harbors (NYSE:CLH), which currently doesn't offer a dividend, but over time should establish one, and if not may be liquidated to fund a future investment.
Funeral service companies, this is with the two big names Service Corp International (SCI) and Stonemor Partners (STON), again for a smaller company play there is Carriage Services Inc. (CSV).
Another group that I have just started looking into, and have yet to buy any are insurance companies. But two I am looking at are HCI since I live in Florida and Validus (VR).
As a bonus odd ball kind of stock that I love to bring up to people is Corrections Corporation of America (CXW) a prison company that most people find hilarious that you can buy into it.