08-19-2014, 09:32 PM
(08-19-2014, 08:04 PM)twil Wrote: I've narrowed it down to seven companies, I would like to get to 5 to start off. The seven are: AAPL, KO, T, PM, NLY, KMI and GE. Currently that would give me right under 1000 if i evenly disbursed in each position.
Another question... When starting a portfolio is it recommended to evenly disburse your initial investment between the companies that one picks?
NLY is a risky stock. It has a great initial yield, but it requires too much monitoring for my tastes. Personally, I don't like GE either. It seems it's a favorite on this forum, but it doesn't meet my initial screening tests. It hasn't increased it's dividend for 5 consecutive years. It looks like you're going after yield, which is fine.
If you are going to only get 5 to start, I would try to diversify in case that ever-looming pullback happens.
AAPL (tech) is good. I believe the price will go up after the announcement of the iPhone 6.
KO (Consumer staple) is good
KMI (Energy)
Look into O or OHI as well instead of NLY. Personally, I like their stability more than the yield.
DE (Industrials) -- just under 3%, but 14% 5yr DGR
PM and T great and I am long both of those too. But I categorize them as Consumer staples and Tech, respectively.