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Let's make a 5-6 stock portfolio!
#11
Well, while it's not a utility thread, indeed the portfolio will be 15-20% utility so it is indeed a very valid topic to discuss.

I was secretly hoping for fenders and Eric to jump in with their utility suggestions. Okay okay, I knew you guys would do that. Thanks! I just haven't spent the time in researching US utilities, I know both of you have and I know that both of you know your stuff well enough for me to just wing it based on your suggestions and a bit of my own research.

XLU would probably be exactly what I want for this one and maybe even for my own portfolio, however I'm stuck in Europe and the Stasi doesn't let me buy US ETF's. I can get a direct XLU copy from several exchanges in Europe but these seem to be the type that reinvests the dividends into the fund itself. That is not a bad option at all regarding taxes but not having that cash hit the account is indeed something I'm not a big fan of and something I need to investigate a bit further.


Current, very much work in progress version:
JNJ (already bought)
LHX (already bought)
XLU or XEL
PEP
Still missing a tech. Looking at the different options you guys posted but even those seem overvalued. And yes I do realize that I probably won't find anything undervalued here... an option would be just to forget about tech for the moment and add one when it finally dips.

Also TMO is probably going into this one. That'll make it two in healthcare but I won't budge from having JNJ in a portfolio like this and I was asked to look into TMO. I do think that the numbers show a good steady DGI company, just quite a bit overvalued right now due to the increased revenue/earnings from covid.
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#12
It's been a good thread. The forum would be much better if we had more than "I bought this or today" threads. Ken and you have been trying for sure. I'm trying to step out of my little box so I'll start a thread for an international stock recommendation. N.A only isn't a truly balanced equity portfolio. I need to shut up and learn on the tech suggestions for your friends port. What you have thrown up so far won't be a big loser. If I were you I would put hi in five solid stocks, and a couple tiny positions in aggressive stuff. He'll always wonder what might have been in with gambler pics. Get that out of the way early so he can understand risk/reward.
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#13
If I had to pick one tech it would probably be MSFT.

Diversified behemoth. AAA credit rating. Excellent track record.
My website: DGI For The DIY
Also on: Facebook - Twitter - Seeking Alpha
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#14
I'm looking to buy 1 stock as a starter for my 1st Granddaughter, born yesterday.

Suggestions/consensus needed.
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#15
MSFT doesn't sound bad. Neither does a major chip stock as some of the best ones pay a Div. Tech has to be one of the toughest to pick who is still on top 20 years from now. I'd consider a second one though it doesn't have to start out that way.
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#16
(03-28-2021, 06:48 AM)NilesMike Wrote: I'm looking to buy 1 stock as a starter for my 1st Granddaughter, born yesterday.

Suggestions/consensus needed.
Congrats Grandpa!  The standby was DIS and MCD back in the day. You should get her a share of BRK.A Smile
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#17
(03-27-2021, 04:32 PM)EricL Wrote: If I had to pick one tech it would probably be MSFT.

Diversified behemoth. AAA credit rating. Excellent track record.

(03-28-2021, 06:55 AM)fenders53 Wrote: MSFT doesn't sound bad.  Neither does a major chip stock as some of the best ones pay a Div.  Tech has to be one of the toughest to pick who is still on top 20 years from now.  I'd consider a second one though it doesn't have to start out that way.

MSFT was something I was indeed considering. They seem to be moving in the right direction, and indeed should be a relatively safe choice that will bounce back at some point should it crash 50% due to the insane valuation. Big Grin
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#18
(03-28-2021, 06:48 AM)NilesMike Wrote: I'm looking to buy 1 stock as a starter for my 1st Granddaughter, born yesterday.

Suggestions/consensus needed.

Congratulations!

I think you can't really go wrong if you start with JNJ. Any other massive and stable dividend growth company would do well too. LMT and LHX also have good valuation and they have some big opportunities coming in the next couple of decades relating to space exploration etc. But maybe not the ideal stocks for a 0 year old due to the weapons part of the business...

Then when she gets to like 3 years old, she will watch Disney so you can give a Disney stock. And PEP a year or two later so she can be enjoying her own company's snacks.
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#19
(03-28-2021, 06:48 AM)NilesMike Wrote: I'm looking to buy 1 stock as a starter for my 1st Granddaughter, born yesterday.

Suggestions/consensus needed.

I want to know how you will buy that stock.  I tried to buy some stock for my girlfriend's children as a birthday present, and found it too complicated.
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#20
(03-28-2021, 08:18 AM)crimsonghost747 Wrote:
(03-27-2021, 04:32 PM)EricL Wrote: If I had to pick one tech it would probably be MSFT.

Diversified behemoth. AAA credit rating. Excellent track record.

(03-28-2021, 06:55 AM)fenders53 Wrote: MSFT doesn't sound bad.  Neither does a major chip stock as some of the best ones pay a Div.  Tech has to be one of the toughest to pick who is still on top 20 years from now.  I'd consider a second one though it doesn't have to start out that way.

MSFT was something I was indeed considering. They seem to be moving in the right direction, and indeed should be a relatively safe choice that will bounce back at some point should it crash 50% due to the insane valuation. Big Grin

Funny story.  I came to a similar conclusion in January, but didn't have any available funds to invest in Microsoft with.  So, I sold most of my VOO ETF, which was doing perfectly well, and put $6k into MSFT.  It's done nothing since I did that, whereas VOO has continued to do well.  To make it worse, I didn't wait a full 12 months to sell VOO, meaning the profit will be short term capital gains.  

I still think everyone's first stock pick for a new account should be VOO.
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