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re: Guide To Beginning A Portfolio of Blue Chips

Posted on 12/3/13 at 12:25 am to
Posted by matthew25
Member since Jun 2012
9425 posts
Posted on 12/3/13 at 12:25 am to
Take a look at the Dow 30. What do you know about any of the companies? I still have Walmart, Home Depot, and General Electric. Bank of America was just removed from the Dow, and I sold Disney to buy Southwest. I sold Merck to buy a Fidelity Health fund that is up 50% this year.

Do research and check out if analysts' recommendations. Look at dividends (or not).

Then take a look at the top 100 of the S&P, etc.

But, I would also agreed with the other posters and say look for mutual funds of the blue chip dividend payers.
Posted by RickAstley
Reno, Nevada
Member since May 2011
2026 posts
Posted on 12/3/13 at 8:47 am to
quote:

Look at dividends (or not).


Do you have a preference in where you keep a dividend paying fund? Is it better served to have one in a taxable account or a retirement account? Thanks for your insight on the matter regarding where to begin studying blue chips
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