Portfolio ideas

Portfolio ideas

FCX                                          51.44    - Copper and Gold Miner worldwide. Good stability

F                                              11.85    -American automaker used to be Big 3 bailed out once…

WMT                                        51.68    - world’s largest retailer Div yield 5.89%

T                                              29.18 –phone company Yield 5.89%

STD                                          9.49 not US- Biggest bank in Spain Div yield 9.05% may have avoided Greece troubles

SO                                           39.47 power company yield 4.79% (80% payout ratio)

PKO                                         27.47 not US-high and frequent div, yield 8.3%

MMM                                        85.27 inventors of the ROI approach low debt ratio Div yield 2.58%

LLY                                          37.16    Drug developer- the legal kind. We have an aging population Div yield 5.27%

KR                                            24.01 Food, Fry’s Smiths, Kroger etc. I see food prices headed up worldwide Div yield 1.75%

AEP                                         37.12  Public Utility holding company div yield 4.96%

OK so they are not day trading type stocks for the most part. They are mostly dividend stocks and you have to hold for at least the month before to get the dividend. I think they are all worth looking at and they are companies I am familiar with.

I think I had some vindication today with our wonderful president and illustrious congress passing cuts half as big as necessary to even match a budget freeze and increasing the debt limit at the same time. It may be that the market is back up tomorrow but with the jobs report coming Friday and no one hiring that I can see I don’t think it would be good to get back in the market still, BUT I am looking at it. That may be why they have kept interest rates so low, just so they can force people’s savings into stocks.  Too many things are just wrong with the fundamentals… they should have let the government funding lapse and let people realize that they are not that important to us…

OK so that is enough of my rant for the day. I expect to do another extra job tomorrow. I am hoping anyway. For now we are still at 20005.86.