$1000 where to invest?

[Dividend Watcher]

IIRC, you're light on core positions in your portfolio -- the ones you'll hold for 30 years or more bar something drastic changing the business. They're average to slow growers but time & compounding (especially with higher yields) can fix that. With that said I'd look at:

• Proctor & Gamble (PG) - it's around fair value right now and working on cleaning up the portfolio of products (pun intended).
  
• Unilever (UN/UL) - doing the same. Don't know which is better tax-wise for you nor if the ticker is different on local exchanges.
  
• ExxonMobil (XOM)/Chevron (CVX)/ ConocoPhilips (COP) - getting hit by oil prices that brought them down closer to a fair value. You might even think of British Petroleum (BP) although the outstanding issues with the Gulf of Mexico spill may give you pause.
  
• Kraft Food (KRFT) - slow growth but they're actively working on new products and cost cutting.
  
• McDonalds (MCD) - going through what they go through every 10 +/- years, they own a lot or prime real estate and I notice the 'Dollar Menu' is now changing to the 'Dollar Plus Change Menu' which should help on profitability.
  
• AT&T (T) - plodding along but the market is changing rapidly and they have lots of options.
  

Was going to add Becton Dickinson (BDX) since they announced an acquisition over the weekend that seemed a great addition. Then I looked at a quote this morning and Mr. Market is already recognizing that (6% jump) and moving the P/E too high for me.

Can't speak about value right now since I haven't looked at it since we sold it before they sold their portion of Verizon Wireless but you might also look at Vodaphone (VOD).

Be prepared for any of them to be in the red for the next year or two. What are you looking to do for your portfolio at this time? Do you have a business plan for the portfolio? See here or search for Bob Wells and David Van Knapp on SeekingAlpha.

(ETA: Damn Eric, we gotta break this Vulcan mind meld.)