LT Stocks
10 Stocks in My Long Term Portfolio
Bank of America (BAC)
British Petroleum (BP)
Burlington Northern (BNI)
Costco (COST)
Hershey’s (HSY)
JPMorgan (JPM)
Kraft (KFT)
McDonald’s (MCD)
Nike (NKE)
Wells Fargo (WFC)
This page does not list all of my long term stock positions but some of the ones that I have held the longest.
February 21st, 2009 at 10:27 am
Bad investments. You better get some Gold miners and more oil producers, and dump all financials.
April 2nd, 2009 at 11:46 am
Why do you have Bank of America. I would think that their acquisition of Merrill would make them a shaky investment. On another note, I’m looking to begin trading myself, what online trading site do you recommend and what books would be good to read up on before making that jump?
Thanks
April 2nd, 2009 at 11:58 am
By the way. great site. meant to mention that in my last comment.
April 2nd, 2009 at 11:12 pm
@Marvin
I bought Bank of America before the Merrill acquisition and have just held it through this whole financial crisis. I keep thinking that if Bank of America can survive without any additional government monies then the company has tremendous upside.
Good question. There are a number of good online trading sites. I like TD Ameritrade personally. Scottrade and ETRADE are also good sites. I like One Up On Wall Street By Peter Lynch and the Motley Fool Investment Guide. I have a list of my favorite books under Recommended Reading.
April 2nd, 2009 at 11:13 pm
@Marvin
Thanks Marvin!
March 11th, 2010 at 2:14 am
Your LT stocks do not include PFE. In the 2010 Playbook you list PFE as a value selection; however, it just keeps sinking and seems to be in an irreversible downtrend. What’s wrong with the stock? Is it a buy?
Ignats
March 12th, 2010 at 12:07 am
@Ignats Kowalski
I don’t consider Pfizer a must buy but I do think the stock is a value play for the 4% dividend alone. Pfizer’s biggest problem is a lack of drugs in the pipeline. I like it as a long term play over years not just 2010.
March 13th, 2010 at 9:42 am
Thanks for your reply. I’ll hold on to the stock and collect the 4%.
Ignats.
March 13th, 2010 at 9:18 pm
@Ignats Kowalski
You’re welcome
April 7th, 2010 at 5:08 am
Superior LT list from this novice ie! I made the most money on BP last year and then sold it for BRK-b. I want to buy it back asap. They seem to do a lot of business with the Russians, which is certainly a plus today in the oil bus. My grandfather and father were in the oil bus, and both always recommended BP.
Janet
April 7th, 2010 at 10:58 am
@janet sheekey weiss
I love the growth prospects and dividend that BP pays.
April 22nd, 2010 at 2:51 pm
i am holding pfe for dividends it is small but x 62shares i can afford to wait for china to kick in and i believe wyth aquisition will be good long term so iam happy to increase shares thru dividend re-investment