Forever Stocks - or at least 20 yrs?

unclemick · 08-03-2007, 07:21 AM

Anybody have some forever as in never plan to sell stocks? Heh heh heh - other than BRK which gets mentioned at lot. My forevers seemed to have gotten merged or name changed over the years:

Mobil now Exxon Mobil
Fleet Boston now Bank of America
Commonwealth Edison now Excelon
Southwestern Bell now AT&T
Hydraulic now Aqua America and so on.

Just a few examples - others got merged for cash. Chasing value has it's hazards.

heh heh heh - so what's your favorite to keep forever and give to your heirs?

Mavourneen · 08-03-2007, 07:42 AM

Procter & Gamble (PG) comes to mind.

kcowan · 08-03-2007, 07:43 AM

Jones Soda (JSDA)
Apple (AAPL)
American Movil (AMX)
Exxon Mobil (XOM)
Clark Inc (CKI)
Teck Cominco (TEK-B)

6 out of 26 companies held.

bpp3 · 08-03-2007, 07:57 AM

All of 'em.

terminator · 08-03-2007, 08:21 AM

Good topic unclemick.

Mine are GE, PG, JNJ and HOG. I also have some IBM and LLY that I've been holding for nearly two decades -- so far a short-term investment but another decade or two and it might just make it to being a long-term investment. heh heh heh I've been holding some AAPL for about two decades too, but I've wanted to drop that one ever since they eliminated my dividend fifteen years ago.

Otherwise, I own about three dozen stocks and I'd say that my plan is to hold them all indefinitely, except for four speculative ones (like WHI and CORS discussed here) where my time horizon is short-term -- no more than five or ten years before I demand results!

Zathras · 08-03-2007, 08:46 AM

Definately

Mine are JNJ, BUD, MMM, GE, FO, KO, CAG and C.
Looking forward to investing in some others as well, but the above are my 'never sell' stocks.

kumquat · 08-03-2007, 08:52 AM

POT and CCJ

bpp3 · 08-03-2007, 10:13 AM

Ok, much as I try to be a dart-throwing monkey, what am I fond of, mostly because they have done good by me? Sumitomo Metals, Itochu, Mitsubishi Heavy Industries, Sei Kagaku, Nishio Rent-All, Nagai Leben, Yokohama Rubber, Toyota.

But, in principle, I intend to hold everything until either I am dead or they are. Heh heh heh.

Dawg54 · 08-03-2007, 12:37 PM

Can't say I own any. Buy a few here and there for trades(play money), but the majority of my money is in mutual funds.

brewer12345 · 08-03-2007, 01:41 PM

AF, CGI. Maybe a few others.

kjpliny · 08-06-2007, 03:15 PM

MO (Altria)

rogersteciak · 09-20-2007, 03:24 PM

I own shares of the PowerShares High Yield Dividend Achievers ETF (PEY). The ETF is made up of the 50 highest-yielding Mergent dividend achiever companies (excluding REITs and MLPs).

I own these shares as a DRIP (dividend reinvestment program) in a Roth IRA. Because the underlying companies are dividend achievers, there is less risk of a dividend reduction in the event of an economic slowdown. At the same time, this strong dividend buys more shares in a down market when the price of the ETF will likely decline.

Hamlet · 09-20-2007, 04:21 PM

I have some of the others mentioned.

I have owned FAST for about 17 years. My grandfather gave me 3 shares for my 18th birthday. My initial 3 shares at about $20/share are now 48 shares at about $45/share. All in all, a pretty good lesson in investing.

packrat44 · 09-20-2007, 04:47 PM

STJ (St Jude Medical)

Bought in 1985. Have sold half my holdings. Price is now 148x original purchase price.

bbbamI · 09-20-2007, 06:33 PM

at&t, ibm, p&g

unclemick · 09-21-2007, 09:01 AM

Two more gone this year: New PLan Reality REIT taken private(Aussies) and the latest is Keyspan cash merger with National Grid (England).

I haven't run the numbers in the last few years but it seems to me the last time I did - the taxable $ from my DRIP plans since 1989 caused by mergers/buyouts, going private, spin off's almost equal the total amounts I received in dividends.

Also name changes: Bell Atlantic to Verizon, Mobil to Exxon mobil, Commonwealth Ed to Excelon, Hydraulic to Aqua America, Bank Boston to Bank of America and so on.

heh heh heh - may just have to take some petty cash and buy a few more stocks. Still trying to kick the last of the DRIP plans. Worked good for over 15 years.

Anansi · 09-21-2007, 08:14 PM

Deo Ity

honydonk · 09-21-2007, 09:22 PM

Hi,

Just started DRIPS but here are some :

MO , JNJ , GE , MMM , APU , MMP .

Have about 22 stocks not huge positions but diversified and a lot of them are more high dividend than dividend growers . Expecting 3-10% growth but if i get 5% will be great since current avg yield is 6.5%.

Look for CEF's which is another great source of income. I am a dividend focused investor.

Ed_The_Gypsy · 09-22-2007, 12:20 AM

Imperial Oil (IMO) looks good to me right now. Canadian oil and oil sands stocks took a big hit this week on news that Alberta has been advised to sharply increase fees on production.

unclemick · 09-22-2007, 02:23 PM

Lots of good ideas so far - keep them coming since the Saint's are not doing so well(I see the Aint's bags coming if they keep it up) and I don't own a snowmobile to while away the coming winter.

I'm thinking here for long winter nights - since yield has been pushed by the tax cut and Wall Street feeding the ducks with a lot of div products.

Maybe in the zone - but slightly contrary - any 3% yield greater than 12% div growth gems out there. The old growth at a reasonible price bargins(garp's).

6 yrs to RMD on my IRA.

heh heh heh

08-03-2007, 07:21 AM	#1
unclemick Give me a museum and I'll fill it. (Picasso) Give me a forum ... Join Date: Jul 2003 Location: north of Kansas City Posts: 5,562	Forever Stocks - or at least 20 yrs? Anybody have some forever as in never plan to sell stocks? Heh heh heh - other than BRK which gets mentioned at lot. My forevers seemed to have gotten merged or name changed over the years: Mobil now Exxon Mobil Fleet Boston now Bank of America Commonwealth Edison now Excelon Southwestern Bell now AT&T Hydraulic now Aqua America and so on. Just a few examples - others got merged for cash. Chasing value has it's hazards. heh heh heh - so what's your favorite to keep forever and give to your heirs?

08-03-2007, 07:43 AM	#3
kcowan Thinks s/he gets paid by the post Join Date: Jul 2006 Location: Pacific latitude 20/49 Posts: 1,545	Jones Soda (JSDA) Apple (AAPL) American Movil (AMX) Exxon Mobil (XOM) Clark Inc (CKI) Teck Cominco (TEK-B) 6 out of 26 companies held. __________________ For the fun of it...Keith

08-03-2007, 08:46 AM	#6
Zathras Full time employment: Posting here. Join Date: Jun 2006 Posts: 625	Definately Mine are JNJ, BUD, MMM, GE, FO, KO, CAG and C. Looking forward to investing in some others as well, but the above are my 'never sell' stocks. __________________ "We do not inherit the earth from our ancestors, we borrow it from our children. (Ancient Indian Proverb)"

08-03-2007, 08:52 AM	#7
kumquat Full time employment: Posting here. Join Date: Nov 2005 Posts: 836	POT and CCJ __________________ Life's a bitch and then you come back - Hindu proverb

08-03-2007, 12:37 PM	#9
Dawg54 Thinks s/he gets paid by the post Join Date: Feb 2005 Location: Mississippi Posts: 3,228	Can't say I own any. Buy a few here and there for trades(play money), but the majority of my money is in mutual funds. __________________ The born loser.

08-03-2007, 07:42 AM	#2
Mavourneen Dryer sheet wannabe Join Date: Jul 2007 Posts: 11	Procter & Gamble (PG) comes to mind.

08-03-2007, 07:57 AM	#4
bpp3 Recycles dryer sheets Join Date: May 2007 Posts: 290	All of 'em.

08-03-2007, 08:21 AM	#5
terminator Recycles dryer sheets Join Date: May 2006 Posts: 219	Good topic unclemick. Mine are GE, PG, JNJ and HOG. I also have some IBM and LLY that I've been holding for nearly two decades -- so far a short-term investment but another decade or two and it might just make it to being a long-term investment. heh heh heh I've been holding some AAPL for about two decades too, but I've wanted to drop that one ever since they eliminated my dividend fifteen years ago. Otherwise, I own about three dozen stocks and I'd say that my plan is to hold them all indefinitely, except for four speculative ones (like WHI and CORS discussed here) where my time horizon is short-term -- no more than five or ten years before I demand results!

08-03-2007, 10:13 AM	#8
bpp3 Recycles dryer sheets Join Date: May 2007 Posts: 290	Ok, much as I try to be a dart-throwing monkey, what am I fond of, mostly because they have done good by me? Sumitomo Metals, Itochu, Mitsubishi Heavy Industries, Sei Kagaku, Nishio Rent-All, Nagai Leben, Yokohama Rubber, Toyota. But, in principle, I intend to hold everything until either I am dead or they are. Heh heh heh.

08-03-2007, 01:41 PM	#10
brewer12345 Give me a museum and I'll fill it. (Picasso) Give me a forum ... Join Date: Mar 2003 Posts: 9,255	AF, CGI. Maybe a few others. __________________ “When you realize that you are one of the rare few who observe moral principles in their relationships with others, there is a temptation to sink into amorality, not out of conviction or pleasure but simply to avoid further pain, because there is no greater suffering than being an angel in hell, whereas a devil feels at home wherever he goes.” – Martin Page, How I Became Stupid

08-06-2007, 03:15 PM	#11
kjpliny Recycles dryer sheets Join Date: Jan 2006 Posts: 124	MO (Altria) __________________ I'm not lazy...it's just that the less I do, the better my work comes out. True quality can't be rushed.

09-20-2007, 03:24 PM	#12
rogersteciak Recycles dryer sheets Join Date: Apr 2006 Posts: 143	I own shares of the PowerShares High Yield Dividend Achievers ETF (PEY). The ETF is made up of the 50 highest-yielding Mergent dividend achiever companies (excluding REITs and MLPs). I own these shares as a DRIP (dividend reinvestment program) in a Roth IRA. Because the underlying companies are dividend achievers, there is less risk of a dividend reduction in the event of an economic slowdown. At the same time, this strong dividend buys more shares in a down market when the price of the ETF will likely decline.

09-20-2007, 04:21 PM	#13
Hamlet Recycles dryer sheets Join Date: Aug 2006 Posts: 332	I have some of the others mentioned. I have owned FAST for about 17 years. My grandfather gave me 3 shares for my 18th birthday. My initial 3 shares at about $20/share are now 48 shares at about $45/share. All in all, a pretty good lesson in investing.

09-20-2007, 04:47 PM	#14
packrat44 Full time employment: Posting here. Join Date: Jun 2007 Posts: 542	STJ (St Jude Medical) Bought in 1985. Have sold half my holdings. Price is now 148x original purchase price. __________________ Pigs get fat, hogs get slaughtered. That's my story and I am sticking to it.

09-20-2007, 06:33 PM	#15
bbbamI Thinks s/he gets paid by the post Join Date: Dec 2006 Posts: 1,818	at&t, ibm, p&g __________________ Enjoy life.

09-21-2007, 09:01 AM	#16
unclemick Give me a museum and I'll fill it. (Picasso) Give me a forum ... Join Date: Jul 2003 Location: north of Kansas City Posts: 5,562	Two more gone this year: New PLan Reality REIT taken private(Aussies) and the latest is Keyspan cash merger with National Grid (England). I haven't run the numbers in the last few years but it seems to me the last time I did - the taxable $ from my DRIP plans since 1989 caused by mergers/buyouts, going private, spin off's almost equal the total amounts I received in dividends. Also name changes: Bell Atlantic to Verizon, Mobil to Exxon mobil, Commonwealth Ed to Excelon, Hydraulic to Aqua America, Bank Boston to Bank of America and so on. heh heh heh - may just have to take some petty cash and buy a few more stocks. Still trying to kick the last of the DRIP plans. Worked good for over 15 years.

09-21-2007, 08:14 PM	#17
Anansi Recycles dryer sheets Join Date: Nov 2006 Posts: 77	Deo Ity

09-21-2007, 09:22 PM	#18
honydonk Dryer sheet wannabe Join Date: Sep 2007 Posts: 15	some of my list Hi, Just started DRIPS but here are some : MO , JNJ , GE , MMM , APU , MMP . Have about 22 stocks not huge positions but diversified and a lot of them are more high dividend than dividend growers . Expecting 3-10% growth but if i get 5% will be great since current avg yield is 6.5%. Look for CEF's which is another great source of income. I am a dividend focused investor.

09-22-2007, 12:20 AM	#19
Ed_The_Gypsy Thinks s/he gets paid by the post Join Date: Dec 2004 Posts: 1,872	Imperial Oil (IMO) looks good to me right now. Canadian oil and oil sands stocks took a big hit this week on news that Alberta has been advised to sharply increase fees on production. __________________ "Ain't got no money for no old-age pension; I'm so broke, I can't pay attention!"

09-22-2007, 02:23 PM	#20
unclemick Give me a museum and I'll fill it. (Picasso) Give me a forum ... Join Date: Jul 2003 Location: north of Kansas City Posts: 5,562	Lots of good ideas so far - keep them coming since the Saint's are not doing so well(I see the Aint's bags coming if they keep it up) and I don't own a snowmobile to while away the coming winter. I'm thinking here for long winter nights - since yield has been pushed by the tax cut and Wall Street feeding the ducks with a lot of div products. Maybe in the zone - but slightly contrary - any 3% yield greater than 12% div growth gems out there. The old growth at a reasonible price bargins(garp's). 6 yrs to RMD on my IRA. heh heh heh

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