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ThaBigFella  LSU Fan baton rouge Member since Apr 2006 861 posts

| If you could pick one stock today to hold till you die... (Posted on 2/10/13 at 5:50 pm)
What would yours be? I'm personally a buy and hold dividend growth investor so I don't sell anything and typically only buy companies that historically raise their dividends year over year. Im looking for other buy and hold opportunities other people out there enjoy. For me its tough but KMI/KMP(kinder morgan family) is my favorite especially KMP in a taxable account because of all the tax benefits the MLP has. They have a somewhat scary outlook considering a 1% raise in the interest rate means $55M more in annual expenses but I trust kinder bc he's been a monster to date since leaving enron..... So I ask you....what are your buy and hold till you die stocks you'd absolutely never sell....and why....
This post was edited on 2/10 at 5:54 pm
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HailToTheChiz  Auburn Fan Behold, SKYWHALE! Member since Aug 2010 4129 posts

| re: If you could pick one stock today to hold till you die... (Posted on 2/10/13 at 6:22 pm to ThaBigFella)
isnt the point of a stock to eventually sell it?
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foshizzle  LSU Fan Member since Mar 2008 25151 posts

| re: If you could pick one stock today to hold till you die... (Posted on 2/10/13 at 6:23 pm to ThaBigFella)
If longevity is the goal, forget individual stocks. Buy a diversified portfolio of index funds. If they go to zero then you know a really big asteroid hit.
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Paul Allen  LSU Fan Baton Rouge, LA Member since Nov 2007 19299 posts
Online

| re: If you could pick one stock today to hold till you die... (Posted on 2/10/13 at 6:26 pm to ThaBigFella)
Linkedin
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Zach  LSU Fan Member since May 2005 55471 posts

| re: If you could pick one stock today to hold till you die... (Posted on 2/10/13 at 6:32 pm to ThaBigFella)
Oil. You can go Exxon or Chevron. Oil is a commodity that will always be in demand.
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ThaBigFella  LSU Fan baton rouge Member since Apr 2006 861 posts

| re: If you could pick one stock today to hold till you die... (Posted on 2/10/13 at 6:37 pm to HailToTheChiz)
No, it's about accumulating wealth and passing it on...I make enough to pay bills now and in retirement,my portfolio is for the future.one of my grandmas friends is about 90 and has 1000s of shares of coke that have been in a drip for ages....kmp transports oil and natural gas among other things
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ThaBigFella  LSU Fan baton rouge Member since Apr 2006 861 posts

| re: If you could pick one stock today to hold till you die... (Posted on 2/10/13 at 6:39 pm to foshizzle)
This is silly and amateurish....certain stocks are just dead growth wise...Phillip Morris generated 110,000% since the 50s....I'd strongly advise not buying the whole market to anyone who is capable of research and reading a company balance sheet
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Doc Fenton Amor Fati Member since Feb 2007 46573 posts

| re: If you could pick one stock today to hold till you die... (Posted on 2/10/13 at 6:43 pm to ThaBigFella)
quote:
If you could pick one stock today to hold till you die...
This reminds me of an old interview... Parnell: "Natalie, one final question: if you could steal a smooch from any guy in Hollywood who would it--" :breaks chair over head: Portman: "No more questions."
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NukemVol  Tennessee Fan Atlanta Member since Jan 2010 1291 posts

| re: If you could pick one stock today to hold till you die... (Posted on 2/10/13 at 7:00 pm to ThaBigFella)
Disney. Kids are an indiscriminate bunch.
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ThaBigFella  LSU Fan baton rouge Member since Apr 2006 861 posts

| re: If you could pick one stock today to hold till you die... (Posted on 2/10/13 at 7:07 pm to NukemVol)
I do hold Disney! It's a great div growth stock
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C  LSU Fan The Woodlands, TX Member since Dec 2007 17421 posts

| re: If you could pick one stock today to hold till you die... (Posted on 2/10/13 at 7:20 pm to ThaBigFella)
If I'm older than 40, I'd go with xom or cvx. Younger I'd probably go with google.
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gatorsimz  Florida Fan cafe risque Member since Feb 2009 5237 posts

| re: If you could pick one stock today to hold till you die... (Posted on 2/10/13 at 7:30 pm to ThaBigFella)
McDonalds I suppose. They'll be around for the next 70 years and will pay me a solid dividend.
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Janky  LSU Fan Team Primo Member since Jun 2011 2523 posts

| re: If you could pick one stock today to hold till you die... (Posted on 2/10/13 at 7:39 pm to gatorsimz)
XOM
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foshizzle  LSU Fan Member since Mar 2008 25151 posts

| re: If you could pick one stock today to hold till you die... (Posted on 2/10/13 at 7:48 pm to ThaBigFella)
quote:
This is silly and amateurish....certain stocks are just dead growth wise...Phillip Morris generated 110,000% since the 50s....I'd strongly advise not buying the whole market to anyone who is capable of research and reading a company balance sheet
Congrats if you had the foresight to buy Phillip Morris back in the 50's. But many people would have bought Eastman Kodak instead. Or PanAm. And have nothing today. For that matter, why not just buy WalMart in 1970? If you buy an index you don't have to worry about which winner to pick, you'll still do pretty well. But if you want to gamble on the future, go right ahead.
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ThaBigFella  LSU Fan baton rouge Member since Apr 2006 861 posts

| re: If you could pick one stock today to hold till you die... (Posted on 2/10/13 at 8:02 pm to foshizzle)
Ok....did eastern airlines or Kodak pay a dividend that grew year over year for 30+ years as most divided titans do? Exactly they didn't so their long term solvency wasn't really a shock...most companies that are div titans raised dividends even in the worst markets like 1987,tech bubble,2008,2009 and so on...no comparison.
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ThaBigFella  LSU Fan baton rouge Member since Apr 2006 861 posts

| re: If you could pick one stock today to hold till you die... (Posted on 2/10/13 at 8:10 pm to ThaBigFella)
Altria is a dividend monster and will prob become a gold mine when weed becomes legal everywhere in the near future
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foshizzle  LSU Fan Member since Mar 2008 25151 posts

| re: If you could pick one stock today to hold till you die... (Posted on 2/10/13 at 8:17 pm to ThaBigFella)
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.
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ThaBigFella  LSU Fan baton rouge Member since Apr 2006 861 posts

| re: If you could pick one stock today to hold till you die... (Posted on 2/10/13 at 8:21 pm to foshizzle)
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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foshizzle  LSU Fan Member since Mar 2008 25151 posts

| re: If you could pick one stock today to hold till you die... (Posted on 2/10/13 at 8:41 pm to ThaBigFella)
It sounds like you simply want to pick stocks that have a 30 year history of increasing dividends. That's fine and all, but Google would have answered your original question. And there is no guarantee that a company that increased dividends for the past 30 years will do so for the next 30, which is my point. If you want safety plus potential for income, buy the Wilshire 5000 plus a good mix of bonds plus overseas equities and bonds too. Picking a single stock just doesn't give you as good a good risk/reward ratio.
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ThaBigFella  LSU Fan baton rouge Member since Apr 2006 861 posts

| re: If you could pick one stock today to hold till you die... (Posted on 2/10/13 at 8:48 pm to foshizzle)
I have a basket of 24 dividend growth stocks...I was just taking a poll on other peoples never sell list trying to get a feel of other stocks I may or may not add to my portfolio...google is nice but Schmidt dumping 50% of his worries me
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