re: Quetion About Buying Stocks For First Time

its true you should never put 50% of your portfolio in any stock but cmon Coke,Mcdonalds,Philip Morris....those companies are such staples of the world there is literally no chance of them going bankrupt and the fact that they pay a growing dividend which usually correlates with an increase in profitability is a sign you cannot go wrong.

I know I know....enron....enron earnings rose like 85% I believe and dividend rose 9%....that was your red flag something was up....coke profits rise 9.8%, dividends rise 9.8%, its like clockwork year in year out.....there is no risk whatsoever....if coke goes bust....its not just adios coke, its adios like 50 big name drinks....not to mention all the fountain drink machines everywhere.....these companies are not boom or bust and typically don't even rely on good or bad markets....

I'm just different bc I was gifted $5,000 from my uncle at 16, 5 different stocks @ $1k each....coke,exxon,altria,microsoft(1995 mind you),walmart....mind you that was 1995....the tech bubble burst,9/11 happened,2008 happened....and that $5K still came out to nearly $40K.....800% ROI on all blue chips through 3 market corrections