Quote:
Originally Posted by toy71camaro
Sweet!
I just sold off one of my ETF's in my roth, since it consisted of a bunch of companies i was planning to buy anyway. lol. Then i could take full advantage of their dividends. also transferred the remaining amount i needed to max out the ROTH for 2011 contributions.
So, i'll have about $4500 to work with... and 35yrs for ROI 
Thinking of going $1k/each with: MO, T, CVX, PEP. that going to be diversified enough to start? (have about $1k in MCD already, and a few hundred in tech stuff, CSCO, AAPL, MSFT).
Also found out Sharebuilder doesnt allow LP stocks.. so no KMP for me. 
Note: I am doing all this under my ROTH IRA.
I still have a little left over, any certain industry/sector/area i should work on for more balance? |
This question may of gotten over looked....
anyhow.. what's people opinion on balance? and/or diversity? not diverse enough? too reliant on "consumer purchase"?