07-19-2015, 01:52 AM
Actually, it looked pretty good to me but if you feel you should reduce, who am I to argue. My choices would be:
SAN - too much headwind for a foreign bank but that's me. Also too much financial with AFL and WFC already in the portfolio.
WMT - slowing growth and challenges for retail although over a long time frame it might reward you eventually.
T - move the proceeds to VZ? I think VZ has a slightly better network, especially now that they own all of Verizon Wireless.
CVX or COP - you pick. I agree with Crimsonghost, maybe a little too much energy.
KMB - overlaps with PG in some areas but I haven't done much research on them.
You could also just ignore the ones you don't want anymore and let them reinvest without adding any new money. One of them may surprise you 10-15 years from now.
SAN - too much headwind for a foreign bank but that's me. Also too much financial with AFL and WFC already in the portfolio.
WMT - slowing growth and challenges for retail although over a long time frame it might reward you eventually.
T - move the proceeds to VZ? I think VZ has a slightly better network, especially now that they own all of Verizon Wireless.
CVX or COP - you pick. I agree with Crimsonghost, maybe a little too much energy.
KMB - overlaps with PG in some areas but I haven't done much research on them.
You could also just ignore the ones you don't want anymore and let them reinvest without adding any new money. One of them may surprise you 10-15 years from now.
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“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan
“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan