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5 stocks for a ROTH

Posted on 5/13/11 at 7:33 pm
Posted by LSU4lyfe
Baton Rouge
Member since Oct 2003
7801 posts
Posted on 5/13/11 at 7:33 pm
Looking for 5 diversified stocks for a ROTH.

Thinking about

COP
KO
HON
PG
VZ

Thoughts? Have an existing ROTH and looking to move it into the stock market.
Posted by LSU4lyfe
Baton Rouge
Member since Oct 2003
7801 posts
Posted on 5/13/11 at 7:36 pm to
Obviously thinking somewhat safe long term plays
Posted by foshizzle
Washington DC metro
Member since Mar 2008
40599 posts
Posted on 5/13/11 at 8:02 pm to
Why are you only looking at stocks?

You should definitely move your high-variance plays in the Roth b/c of the tax consequence but there's no reason to limit yourself to only stocks.
Posted by TigerDeBaiter
Member since Dec 2010
10255 posts
Posted on 5/13/11 at 8:30 pm to
Is this your version of "Am I diversified"
Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 5/13/11 at 8:50 pm to
Chevron
Freeport mcmoran
Cisco
Pepsi
Caterpillar

If I had tto pick them.
Posted by LSU4lyfe
Baton Rouge
Member since Oct 2003
7801 posts
Posted on 5/13/11 at 9:17 pm to
Yes haha
Posted by LSU4lyfe
Baton Rouge
Member since Oct 2003
7801 posts
Posted on 5/13/11 at 9:19 pm to
I have a ROTH with Edward jones and want to move it where I can have more flexibility.

Should I be looking at mutual funds?
Posted by TigerDeBaiter
Member since Dec 2010
10255 posts
Posted on 5/13/11 at 9:33 pm to
haha. I think both of the listed posted are good, safe investments long term.

I'll pick my 5 out of the 10 FWIW.

Chevron
Caterpillar
Coca Cola
Honeywell
Verizon
Posted by LSUKTR
Baton Rouge
Member since Nov 2005
1489 posts
Posted on 5/13/11 at 9:44 pm to
Mine's pretty simple:
VFIFX (Vanguard Target Retirement 2050) (heavily weighted)
YACKX (Yacktman Fund)
VXF (Vanguard Extended Market ETF)
VWO (Emerging Markets ETF)

This post was edited on 5/13/11 at 9:44 pm
Posted by LSU4lyfe
Baton Rouge
Member since Oct 2003
7801 posts
Posted on 5/13/11 at 10:56 pm to
My 401k is heavily invested in te vanguard target retirement 2045
Posted by Fat Bastard
coach, investor, gambler
Member since Mar 2009
72448 posts
Posted on 5/14/11 at 12:00 pm to
quote:

I have a ROTH with Edward jones and want to move it where I can have more flexibility.


OMG. The only thing EJ has better than Vanguard is their no minimum money market fund account/check writing ability. Vanguard has a minimum on how much the checks have to be. Other than that YES, run away from EJ as far as ROTH IRAS go. Vanguard is WAAAYYYYY cheaper on expense ratios, NO annual fees(as long as you choose electronic statements) UNLIKE EJ and basically no SALES LOADS like EJ wants you to choose.
This post was edited on 5/14/11 at 12:02 pm
Posted by LSUtoOmaha
Nashville
Member since Apr 2004
26574 posts
Posted on 5/14/11 at 1:21 pm to
Edward Jones is about as prestigious and helpful as a used car dealership in Livingston Parish
Posted by LSU4lyfe
Baton Rouge
Member since Oct 2003
7801 posts
Posted on 5/14/11 at 5:59 pm to
You got that right man! I am moving as fast as I can to get away from them. I opened up an account whenever I was 21 and contributed and have been paying their pathetic fees for a while. I know...shame on me
Posted by Paul Allen
Montauk, NY
Member since Nov 2007
75130 posts
Posted on 5/14/11 at 6:57 pm to
quote:

Edward Jones is about as prestigious and helpful as a used car dealership in Livingston Parish


bitter?




Posted by LSUtoOmaha
Nashville
Member since Apr 2004
26574 posts
Posted on 5/14/11 at 7:51 pm to
I mad
Posted by Paul Allen
Montauk, NY
Member since Nov 2007
75130 posts
Posted on 5/14/11 at 7:53 pm to
Did you work for them?

Posted by LSUtoOmaha
Nashville
Member since Apr 2004
26574 posts
Posted on 5/14/11 at 7:55 pm to
Anyways my stocks For this are:

Exxon
Celgene
Caterpillar
Wells Fargo
Conocco Phillips


Yes I know I have 2 oil stocks but I am not playing Cramer's little gay diversification game.
Posted by LSUtoOmaha
Nashville
Member since Apr 2004
26574 posts
Posted on 5/14/11 at 7:57 pm to
Nah I just think that they take advantage of their clients more than help them based on their fee structure and the investment vehicles they try to pitch. I feel that they are more salesmen than consultants.
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