04-28-2015, 01:00 PM
(This post was last modified: 04-28-2015, 01:03 PM by stewardinlife.)
(04-28-2015, 12:47 PM)EricL Wrote:(04-28-2015, 12:07 PM)stewardinlife Wrote: Johnson & Johnson (JNJ)
Wal-Mart (WMT)
Altria Group Inc (MO)
Aflac Incorporated (AFL)
ConocoPhillips (COP)
Chevron Corporation (CVX)
Procter & Gamble (PG),
Philip Morris International Inc. (PM)
Realty Income Corp. (O)
Kinder Morgan Inc. (KMI)
Royal Dutch Shell plc (ADR)
Welcome to the forum. That is a nice list of stocks to start with. I highlighted my favorites from your list. Also consider KO, PEP or DPS for consumer staples and ROST or TJX if you are looking for a higher growth retail option.
I noticed you don't have any utilities on the list either. Is that personal preference or just that they are overvalued right now? Some ideas there are XEL, D, WEC, VVC.
Overall I think you are off to a great start, and with having $1000 per month to add to your portfolio you should be able to build a diversified portfolio pretty quickly.
Good luck!
Thanks Eric. Thanks for pointing out the utilities sector ( I missed it totally).
I am still trying to learn, but if you could explain how to evaluate if a stock currently is overvalued or fair/undervalued (for purchase decision).
Thanks again.
Paul
Thank you all for your feedback. Looking forward with excitement.
Paul