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re: If you could pick one stock today to hold till you die...

Posted on 2/10/13 at 8:17 pm to
Posted by foshizzle
Washington DC metro
Member since Mar 2008
40599 posts
Posted on 2/10/13 at 8:17 pm to
You are changing the subject again.

You asked about a single stock for life. My response is that it is basically impossible to pick one ahead of time that will make you rich - if you want guarantees you need to pick many. If you just pick one you might be picking today's RCA.

Of course, it's easy to pick one in hindsight. Look at the Nifty Fifty. If you'd bought the entire lot you would've done ok. If you'd plunged into just one, like Eastman or Simplicity Pattern (not a firm on most people's minds today) you would be screwed.

Don't pick one, pick many. Amateur.
Posted by ThaBigFella
baton rouge
Member since Apr 2006
2043 posts
Posted on 2/10/13 at 8:21 pm to
But again I'm saying Eastman and the other you mentioned never had a 30 plus year history of dividend increases...so yes wmt,xom,mcd are safe moving forward...and kmi my pick will be te same based on the history of kmp
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