In this environment what is the best investment plan?
July 4, 2010 7:56 PM Subscribe
I figured that it would be wise to consult with the collective on financial matters to see what the general consensus was. Given our current economic state what type of investment plan would you pursue? Also, would you please analyze my current investment structure and critique it?
I am invested in the following stocks at the following percentages.
MO (60% of portfolio) I like this name because I think it's dependable and it currently has a 7% yield. I doubt any major events should occur that would knock it up or down much. Any thoughts?
LINE (10% of portfolio) I like this name because I am bullish on natural gas in the future and they are hedged in at a good price. Also, the 10% yield is great as long as they can keep it coming in the future.
ASIA (10%) This is my China growth play. They are involved with the cellular networks over there and have had solid growth for the past year plus.
FXI (10%) An ETF for the top 25 in China
PZA (10%) An ETF of insured Municipal bonds, I like this for the tax advantage. My goal is to someday have enough capital to live off of muni bonds.
I know that I have an unconventional portfolio, but I am happy with it at the moment. What advice would you give? What trends do you think will be profitable in the current to near future market? Thanks for your time! Have a great day and happy trading!
This post was deleted for the following reason: This is kinda simultaneously too specific and too low on context for it to really be something askme can answer. -- cortex
Not sure this is the right forum for a question of this type but at a minimum we'd need to know your age, investment horizon, liquidity needs, etc.
posted by dfriedman at 8:11 PM on July 4, 2010
posted by dfriedman at 8:11 PM on July 4, 2010
I am no kind of investment expert, but... but... this leaves me speechless. You can't think of anything that could knock MO down much? How about banning tobacco? Or, more probable, multi-state sin tax increases, continuing tobacco lawsuits because their major product line is known to cause a whole host of fatal diseases, and eventual increased regulation in foreign markets? And this is 60% of your holdings? More than half? This isn't just an undiversified portfolio, this is an Enron-employee-just-before-the-collapse portfolio.
Get thee to a qualified investment advisor, which is not the internet, preferably somebody who will know how to refer you to a set of mutual funds balanced for your eventual needs.
posted by gracedissolved at 8:17 PM on July 4, 2010
Get thee to a qualified investment advisor, which is not the internet, preferably somebody who will know how to refer you to a set of mutual funds balanced for your eventual needs.
posted by gracedissolved at 8:17 PM on July 4, 2010
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posted by youcancallmeal at 8:04 PM on July 4, 2010