04-13-2021, 09:23 AM
I assume your parents are just a little older than I am. I am trying to think how this looks in two years. I like almost all the names you've chosen. I guess the thoughts that come to mind after a quick look are these.
-Get rid of some redundancy... XOM/CVX, PM -MO, ATT-VZ. These stocks practically mirror each other. One too many DIV ETFs. This list is adequately diversified already.
-I think you could find a better industrial than MMM after the run up.
-Don't do a lump sum entry on the individual stocks you know are 20% or more overvalued today. Just a token position for now. I can name names but I think you know.
-Park some of the funds where they are fairly safe briefly. In a list this long some deals will happen soon enough. Just make sure you can buy at least the first dip or two.
-Don't DRP the individual stocks. Use the proceeds to buy more immediate income on dips. You can grow the income quarterly like you do with your own port. That would seem like the best direction to focus for them.
-Get rid of some redundancy... XOM/CVX, PM -MO, ATT-VZ. These stocks practically mirror each other. One too many DIV ETFs. This list is adequately diversified already.
-I think you could find a better industrial than MMM after the run up.
-Don't do a lump sum entry on the individual stocks you know are 20% or more overvalued today. Just a token position for now. I can name names but I think you know.
-Park some of the funds where they are fairly safe briefly. In a list this long some deals will happen soon enough. Just make sure you can buy at least the first dip or two.
-Don't DRP the individual stocks. Use the proceeds to buy more immediate income on dips. You can grow the income quarterly like you do with your own port. That would seem like the best direction to focus for them.