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Let's make a 5-6 stock portfolio!
#21
(03-28-2021, 08:32 AM)ken-do-nim Wrote:
(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.
You may be right but it's still boring and motivation is important in the early stages.
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#22
It wouldn't hurt to go with a DGI ETF for a portion of a beginning portfolio either. SCHD, DGRO, and VIG are my three favorites.
My website: DGI For The DIY
Also on: Facebook - Twitter - Seeking Alpha
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#23
VIG is good IMO. You'll get hurt less in a drawdown. MSFT and some of the other high fliers could be 5 years getting back to even when they finally revert to the mean. It was 10 years last time MSFT got extremely over valued but it's not nearly that crazy this time.
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#24
(03-28-2021, 09:50 AM)EricL Wrote: It wouldn't hurt to go with a DGI ETF for a portion of a beginning portfolio either. SCHD, DGRO, and VIG are my three favorites.

They all the same exact chart so it doesn't matter which one you buy lol. But I prefer DGRO only because it's less volatile and holds MSFT and APPL in it's top 10
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#25
(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.

V or MA. Is she's a girl she will do plenty of spending when she gets older  Big Grin lol
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#26
(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.  Like the others have said, you can't go wrong with JNJ, MCD, PEP, or DIS as her first stock.
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#27
(03-28-2021, 02:14 PM)stockguru Wrote:
(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.

V or MA. Is she's a girl she will do plenty of spending when she gets older  Big Grin lol
Don't forget a shoe and purse manufacturer.  Smile
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#28
I was thinking maybe something sexier.

HRL
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#29
(03-28-2021, 08:05 PM)NilesMike Wrote: I was thinking maybe something sexier.

LB?  Big Grin

No but I do think that later on it's a good idea to pick companies which have products that she knows. I do think it's one of the best ways to motivate someone to get into stocks. Even works for me to this day. Big Grin
(for example, I do prefer to be on an Airbus a320 rather than a Boeing 737. Honestly I probably couldn't tell the difference while inside the plane and I didn't care at all before I bought Airbus)
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#30
(03-28-2021, 08:05 PM)NilesMike Wrote: I was thinking maybe something sexier.

HRL
LOL, Who doesn't like a Spam sammich. BTW I bought shares of Motorola and Lucent for my Godson. I think he sold them to a guy flipping shares out of a minivan in Chicago. Smile
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