08-08-2013, 11:20 PM
Hey Eric --
It is great that you can hold individual stocks in your 401k. We're funds only at my job. The selection isn't bad, but still, I wouldn't mind being able to use a part of my 401k to help build my DG portfolio.
I think the list you have put together is pretty solid given the goals you've set out. And you have clearly put a good deal of thought into it. It worries me most when people don't have a plan, but you clearly do, so let 'er rip!
I understand your caution with mREITS. I own some NLY and I don't really trust it that much. But, I've decided that with a small slice of my portfolio, I'm going to take some extra risk in order to juice my returns a little. So I can't just set it and forget it like I can with my JNJ, for example, but man, those payouts every quarter are nice. Also, the mREITs have been so beaten down lately I have to wonder if now might not be such a bad time to jump in. I guess I shouldn't advocate that you get into a stock that you are not comfortable with or do not understand well enough, but if we are talking about $800 (one of your 10 slices of this pie), and if this account is only a small piece of your overall investing life, perhaps you could consider it a calculated risk to help jump start this account.
Best of luck, and please let us know what you end up buying!
It is great that you can hold individual stocks in your 401k. We're funds only at my job. The selection isn't bad, but still, I wouldn't mind being able to use a part of my 401k to help build my DG portfolio.
I think the list you have put together is pretty solid given the goals you've set out. And you have clearly put a good deal of thought into it. It worries me most when people don't have a plan, but you clearly do, so let 'er rip!
I understand your caution with mREITS. I own some NLY and I don't really trust it that much. But, I've decided that with a small slice of my portfolio, I'm going to take some extra risk in order to juice my returns a little. So I can't just set it and forget it like I can with my JNJ, for example, but man, those payouts every quarter are nice. Also, the mREITs have been so beaten down lately I have to wonder if now might not be such a bad time to jump in. I guess I shouldn't advocate that you get into a stock that you are not comfortable with or do not understand well enough, but if we are talking about $800 (one of your 10 slices of this pie), and if this account is only a small piece of your overall investing life, perhaps you could consider it a calculated risk to help jump start this account.
Best of luck, and please let us know what you end up buying!