Quote:
Originally Posted by Steve_O
I've spent some time looking for places to put my 'employees',
and find that my list is heavy on consumer staples. Can anyone suggest
a few things that they have, or are considering, so that I can
broaden my search?
The list I have is:
Philip Morris
Coca Cola
Costco
Altria
Kimberly Clark
Nike
McDonalds
Consolidated Edison
Southern Cos
AT & T
Johnson & Johnson
Eli Lilly
Merck
Caterpillar
Chevron
Kinder Morgan
National Retail
Also, I would probably consider these steady-eddy type picks.
I would also like to consider one or two that might be more 'exciting',
so if you like a company that has some growth potential, I may
have some room for a small share in something slightly riskier.
Thanks for all the good info shared on this thread, and for the good
things ahead!
Steve O  |
That's more than enough names to build a portfolio on.... All good solid companies. Don't spread yourself too thin.
Summer is usually pretty "volatile" -- look for big down days and be ready to nibble away at the shares on those days.
By September or October we'll know what the economy and the FED is probably going to do... so I wouldn't go all in... sneak up on the purchases.
My
guess is -- we get a FED that changes course on their bond buying (QE) we'll get a big leg down and that's a nice opportunity to be buying.