Hey Show-me,
Nice article, there were several on there, that I would’ve loved to owned, but I had to draw the line somewhere. Here's pretty much what I do. I got into divvy stocks just to have some additional flexibility outside my TSP and the mutuals I have.
Dividend and decent yield stocks are pretty much all I buy, since it’s for my Roth and I really don’t have the amount of funds to make it worthwhile to be a trader to buy and sell, in sufficient quantity to make a profit based on percentage rises in stock prices, so I go the stock Divvy and yield route mainly, though I do have about 6 stocks that have a yield below 3%, but those 6 all produce decent divvy’s, ie JNJ, PG and UTX are part of those 6.
But the remainder of about 14 are above 3 % up 10% yield (Shipping stock DSX). But when I started buying back in October 2006, thru Sharebuilders, I decided on a strategy, that I later came to find out was called the Dogs of the Dow (DOD). So though I mainly follow that DOD strategy with T, GE, and PFE, etc, I also have thrown in a couple of Elec Utilities (nice divvies), a railroad/ethanol/highway congestion for pin action stock in TRN, some energy stock (BP, SLB and SPE) and a couple of pure international exposure stock in UL and NVS, though GE and UTX also have international exposure. Also ECOL, WFC and MCHP for added diversity. I try to have enough defensive stocks that the Dems can’t hurt me to much in 2008, at least that’s my idea. People still have to buy toilet paper and food, though Sheryl Crowe sure put a crimp in the old tp stock.
So most every one of my stocks are pretty consistent Divvy producers, Oh yeah one spec stock in SYNM.
I also have one ETF XLB, cause it had so many stocks in it that I would have loved to have had, but ya can’t buy them all. So I’m pretty maxed out on the number of stocks, though I may pick up a water utility stock in the near future.
I’m a newbie and still learning, but it sure has been fun doing it and with Sharebuilders, I buy a few shares 5 or 6 times a month.
Well the NFL draft starts up here in an hour and I got all my outside work done, so I can loaf a little this weekend. And with 40 acres, I sure do enjoy my loafing time, when I can get it.
CB
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