InvestorsHub Logo
Followers 45
Posts 46869
Boards Moderated 2
Alias Born 07/08/2003

Re: RichardTC post# 43380

Friday, 11/21/2008 10:41:30 AM

Friday, November 21, 2008 10:41:30 AM

Post# of 111435
I think if at these prices one bought 20 stocks of quality, at least we think quality and put it away. These fire sale prices will give him a double or even better in 5 years, even if a couple of those go out of business. But the key in my opinion is to be diversified, not all or even most in one industry. Some banks, some drugs, some commodity types, etc. I think the likes of GE, PFE, MMM, PG, JNJ, WMT and AA will be around in years to come. These are all core holdings for me in most portfolios.
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.