Investing 102

[Bucketlist2012]

Originally Posted by CRCRFT78

I'm just a small fish in a BIG pond but I did add 42 shares of Coke today.

We all started out small fish...I am an only slightly larger guppy.

We may never get to be big Fish, over a long period of time, we can grow into a comfortable retirement..

I too am a small fish in the big Pond...But we are smarter than some of the other guppies that are not investing,

Keep it up...One day you will look back and be so happy you invested,,

And Greg, no chipotle for me...I do not like the food or the stock..

[toy71camaro]

I'm nearing my next 1k purchase for my Roth in the next month... time to figure out what to do.. do I continue to purchase new stock in a different sectory/diversify, or start adding to existing portions...

Here's where i sit:

CVX: 15%
MO: 11.7%
ED: 10.7%
KMB: 10.4%
NLY: 10.4%
T: 10.1%
KO: 10%
MCD: 6.7%
NVS: 3.1%
PFE: 2.1%
LMT: 2%

Sectors (% rounded):
Consumer Staples: 32%
Utilities: 21%
Oil/Energy: 15%
Finance: 10%
Comp/Tech: 6%
Medical: 5%
Aerospace: 2%

Any particular sector(s) i should look to get into to better diversify?

[GregWeld]

How many of you knew Kimberly Clark (KMB) is "into" welding equipment?? I got my new Jackson (brand) welding helmet today and was surprised to find it was a division of Kimberly Clark! I own the stock -- so now I like the company even more!







Nice easy adjustability! And the helmet is more comfortable than my first love - Optrel Satellite!

[GregWeld]

Albert ---

I'd add to your big pharma/medical sector..... remember the aging population means more drugs and medical treatments etc....


Which company - I have no recommendations as we're really not into that part for this thread as you know. But you're pretty heavily weighted in CONSUMER so I'd try to get some more balance.

[Stuart Adams]

Trick helmet

[GregWeld]

Originally Posted by Stuart Adams

Trick helmet

Has my name on it! Gotta be nice, right?

[GregWeld]

Just for fun -- here's a link to the company website page -- and if you weren't looking you might never notice the Logo "Kimberly Clark Professional" on the top right hand side....

http://www.jacksonsafety.com/linkcheck.cfm?SubCatID=11



This is actually a good "lesson" ------ it's kinda fun to go to a companies website and snoop around and see if you really know much about ALL of the products they have...

I remember Bob (69z28ss) posted awhile back about the "terbacky" stock ALTRIA (MO) was also into wine and spirits via St Michele brand via what they label "Altria Ventures"....


So get out there and poke around - it's kinda fun and a little eye opening!

[toy71camaro]

Originally Posted by GregWeld

Albert ---

I'd add to your big pharma/medical sector..... remember the aging population means more drugs and medical treatments etc....


Which company - I have no recommendations as we're really not into that part for this thread as you know. But you're pretty heavily weighted in CONSUMER so I'd try to get some more balance.

Good point. I knew i was heavy on consumer, thats why i asked.

I got a touch into pharma/medical with a little bit of PFE and NVS, i didnt know which to pick at the time, so i did a little of each. lol. I'll need to revisit that sector and see what else is available at the top of it (best of breed. )

Thanks!!!

BTW, Killer helmet.

[Rybar]

I love this thread, thanks guys. Greg thanks for the KMP update. I yesterday added MO to my portfolio. The Sin stocks look to be kicking some ass I'm going to add more soon.

[Bucketlist2012]

I read a good one today..

A temporary loss of value becomes a permanent loss of capital if you sell..

That is why so many lost in 2008...They panicked and sold...So the temporary loss became permanent.

Also if you are positioned well, a 1% drop in the market only translated to a .1% drop for me..I plan more to lose less when the market goes down, than I plan to make it big when the market goes up.