• singhisking00
    safe stocks for a young investor? $GE $GIS $JNJ $KO $MMM $PG $VZ $XOM
    8/8/14
    Reply (9)
    • DontFollowMyAdviceImaDummy: no such thing as safe ;-) but those picks do make legit profits and should keep paying dividends to help teach reinvesting
      8/8/14
    • singhisking00: My goal is to deposit ~$100 into each to get an amazing $ cost/avg and the Div will help with overall return.
      8/8/14
    • DontFollowMyAdviceImaDummy: if you want a cheap dividend producer try $ROYT and dump it if Measure P passes in November, will teach risk/reward very well
      8/8/14
    • DividendShawn: I would be careful, only putting a $100 each time will make your commissions in the 4%-9% range I'm guessing....
      8/8/14
    • Patience29: I'd add $CVX
      8/8/14
    • wmimis: there is a formula to maximize profits, which I don't have on hand. At $7/trade (Scottrade) it recommends buying in lots of $300, at least.
      8/8/14
    • wmimis: I'm still a fan of $DIS and $AAPL at these prices, but your list looks good. Buy what you believe in, otherwise you'll make bad decisions.
      8/8/14
    • singhisking00: thanks everyone, Im using computershare and shareowner to reduce the costs/fees. I'll explore so more risky stocks once i have core stocks
      8/8/14
    • Derrick Lilly: $PSX $COP $DIS $SSW $RTN
      8/12/14
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