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#1
01-10-2007, 02:22 AM
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My 20 Stocks....Any thing I should change?
I started a Stock Fund last February that takes $1000 once a month out of my checking account for buying stocks(or parts of stock). I split it 5% on each of the following 20 stocks. I tried my best to forget about it and not worry with fluctuation.
Sirius Satellite Microsoft Wal-Mart General Electric Home Depot Starbucks Apple Computers Cisco Systems Exxon Mobil Disney Pfizer Johnson & Johnson Intel Ford Delta Airlines Bank of America Coca Cola Ebay Now it is almost a year later any changes that I should make? I am also looking to do the same with another $1000 a month with ETFs? Maybe 10% on 10? Any Suggestions? Big Steve [img]/images/graemlins/cool.gif[/img] 
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#2
01-10-2007, 02:31 AM
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Re: My 20 Stocks....Any thing I should change?
you probably aren't going to get detailed analysis here (i certainly won't give you it) mostly because you could write a book about each one of these companies.
anyway, maybe this will help you find a couple candidates that you might want to investigate further. Stocks I hate: Sirius Starbucks Cisco Disney Ford Delta Ebay Apple (I liked it until today, its time to sell imo) Stocks I like: Bank of America Intel Coke Microsoft the rest i am either neutral on or don't know enough about to have much of an opinion. fwiw, my opinion should be taken with a grain of salt, i am not a stock guru by any means
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#3
01-10-2007, 04:19 AM
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Re: My 20 Stocks....Any thing I should change?
Take this with a grain of salt as well.
20 Stocks seems like too many. Do you know anyone who got rich on their 20th or even their 7th best idea? (Shamelessly copied from WB) Too much diversification really isn't a good thing- some is good, but you don't want to spread the troops so thin. Here are my gut reactions to your picks: NOT SO GOOD (SELL) Sirius Satellite Apple Starbucks Delta Cisco Ebay Exxon --> You'd be crazy not to exchange this for Conoco Phillips (COP) Disney --> growth prospects not exciting, too high p/E Ford- As long as you realize that you may lose your entire investment I don't see a problem with this- there is a lot of upside potential here. Google- Don't know A lot of these stocks have really unpredictable earnings- and I think this creates more gamble than is necessary when investing in the market. Also, you need to be careful not to pay too much for growth! The P/E ratios on some of these companies probably aren't justified- research which ONE really might be, don't buy all of them! COKE - don't mind holding, might not buy JNJ - don't mind holding, might not buy GE - don't mind holding, might not buy PFE - don't mind holding, might not buy BANK OF AMERICA - don't mind holding, might not buy. Would recommend (COF) Capital one Financial over this. If you made me buy one of those today, it would be GE. If I had to sell one of these today, it would be PFE because their earnings growth seems rather slow. I'm honestly not sure if they're about to come out with a new wonder drug- so don't quote me on this part! And I know how much America loves their drugs... GOOD WALMART <-- Recommend ( I actually recently purchased this stock) They have prescription drug plan things with generic tylonel for $4... (DIE PFE DIE!!!) If you really want to be diworseified, and don't want to have to deal with stock nonsense, I have a recommendation that I also recently purchased some of: http://finance.yahoo.com/q?s=BRK-B Berkshire Hathaway. Great company. Buy it, forget about it. They own tons of stuff... Insurance companies like General Re and GEICO... Jewelry, Clothing, Furniture, NetJets, other crazy stuff i can't remember, Dairy Queen- man those are some good milk shakes. - but Warren Buffet oversees the subsidiaries quite well. Just buy a share every time you can afford to set aside the 3600$ price tag. He has an impressive record. Don't want to bore you- if you haven't heard of this guy, wikipedia him when you got some time. http://www.berkshirehathaway.com/ Read some of the annual reports. I wouldn't recommend 20 stocks... Focus on your best 7 ideas for now, not your best 20. Especially if you're investing 1,000$ at once. I usually buy anywhere from 2-5k at once, but only a few times a year to help save on commissions- which may be painful to your bottom line if/when you go to sell off 20 different stocks. Also please research any of the ideas I've given you before you consider buying them. It's important to do your own due diligence. I currently have positions in WMT, COP, and BRK-B that I mentioned in this post. Man adderall is good stuff. Bye.
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#4
01-10-2007, 11:44 AM
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Re: My 20 Stocks....Any thing I should change?
[ QUOTE ]
20 Stocks seems like too many. Do you know anyone who got rich on their 20th or even their 7th best idea? (Shamelessly copied from WB) Too much diversification really isn't a good thing- some is good, but you don't want to spread the troops so thin. [/ QUOTE ] That's crazy talk.
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#5
01-10-2007, 11:50 AM
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Re: My 20 Stocks....Any thing I should change?
how is the $1000 distributed monthly? what kind of fees are you paying?
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#8
01-10-2007, 01:01 PM
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Re: My 20 Stocks....Any thing I should change?
yikes here... yikes!
1) 20 stocks is waaaaaaaaaaaay too much. there is no way you can maintain that. 2) 'i tried my best to forget about it'... this is sooo bad when holding indiv stocks. you need to research these companies every week and see if they still hold value. i am not trying to be mean, but you clearly know nothing about these companies and therefore should not be investing in them. 3) you are putting 1000$ a month in 20 stocks? 50$/month in each stock?... what kind of commission are you paying there? if its 10$/trade then you are losing 200$ (20%!!!!!) of your investment right away. it seems like you want to have a buy and hold strategy. buy stocks, forgot about them, then a few years later cash in on em... in this case i would look at ETFs. talk to your broker about them... there are a ton of ETFs, you can buy anywhere from 3-8 and hold on to them for the next few years. every few months you can add money to the ETFs when the commission fees arent eating up your investment. good luck! ryan
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