08-27-2014, 02:52 PM
(08-27-2014, 02:31 PM)twil Wrote: UPDATE:
I have accumulated another 1000ish for an investment. I have been doing a lot of homework on this next purchase, but for some reason I keep wanting to buy MO or MSFT.
My question is, since I already have a couple consumer staples/tech positions should I diversify my sectors before doubling/tripling up in certain sectors?
I'm not as concerned over-weighting consumer staples rather than a few other sectors because they are generally the more stable and predictable investments. Also, your only other tech right now is APPL so I wouldn't see any harm in adding MSFT.
Another thought is to consider adding a utility to the mix.
SO, SCG, XEL and WEC are a few I either own or am considering buying myself.