Investing 102

[toy71camaro]

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"?