Thread: Investing 102
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Old 05-23-2012, 09:08 PM
toy71camaro toy71camaro is offline
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Good update!

Id say, as for OXY, it seems that most the O&G companies are down. CVX was down 10% for me (and put me in the red overall too). So i feel its just the whole sector right now. In fact, i added another batch of shares while it was on sale @ aprox a 9% discount. So that put me at about a 6% "down" overall on CVX after.

I would also think expanding your sectors/diversify would be a wise choice. Dont leave out the ever popular "sin" stocks (Cigs/Alcohol), as they seem to be fairly well, telecom, consumer staples, health, etc.

Personally, my "investing 102" stocks are:
CVX
KO
KMB
T
ED
MO
MCD
NLY
and since I couldnt decide on a health one, i already had a bit of PFE, I grabbed the same amount or so of NVS. As they both seem to be the "best of the breed" in their sector.

All (except MCD, NVS, and PFE) were purchased with the same initial investment amount, so i am spread pretty much across the board evenly (MDC is 1/3 less than the rest, as i really bought that before i ran into investing 102, but was already starting down the dividend path on my own.)
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