10-06-2014, 09:40 AM
Absolutely agree that you should put this $1000 into a core position that you can expect to hold for decades. XOM / COP / CVX would be at the very top of my list. I'd also consider PM. And I think T is a great choice. I agree that MCD is not quite as "core" as those, but just about, and it may represent the best value of that short list at today's prices (though the recent dip to $91 was even better!).
If we were voting, I'd probably say XOM. Though with a relatively small portfolio, the higher yield of T or PM might be enticing.
If we were voting, I'd probably say XOM. Though with a relatively small portfolio, the higher yield of T or PM might be enticing.