I transferred a portion of my holdings in my 401k account to more of a self managed account. I purchased 7 stocks. VZ,KMP,PFE,NU,MO,KO,PG.
I went from 0 dividends to $2,000 annually I love seeing the shares climb on there own. Hey you got to start somewhere.All dividends reinvested.
I also opened up a Roth for Me and my wife with Scottrade. I bought a few shares of JNJ in hers and a few CVX in mine. Whats cool with the Scottrade account is that you can buy a totally different stock with the dividends.It doest have to go back into the same stock.Will continue to diversify those.
Also got my brother to switch his account also.His first 3 stocks were KO,KMP,KMB. So this thread has helped my whole family. Thank's for taking the time to get us going.
John
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