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wax (97.10)

The Wax Ink Forever Portfolio - October 2009

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October 12, 2009 – Comments (5) | RELATED TICKERS: MOS , PBI , HP

I was asked several weeks ago by an on-line friend, what stocks I would keep forever. Actually I had never thought about it, since 5 to 7 years is pretty much my limit for holding a stock.

But the question so intrigued me that I went back and reconstructed some purchases with the thought in mind; what if I never sold?

Enter the Wax Ink Forever Portfolio.

The plan is pretty straightforward. Once a month, I am going to add one stock to this portfolio based on the idea that I can never sell it. It should be interesting.

Wax

 

TO DOWNLOAD THE LATEST FOREVER PORTFOLIO CLICK HERE

 

5 Comments – Post Your Own

#1) On October 12, 2009 at 7:24 AM, portefeuille (99.59) wrote:

Pitney Bowes (PBI)?

depends on how mail is handled in the year 2100, I guess ...

 

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#2) On October 12, 2009 at 7:30 AM, portefeuille (99.59) wrote:

in the year 2100

and beyond.

If forever means "until 2030 or so" your portfolio might do alright.

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#3) On October 12, 2009 at 8:07 AM, GenericInvestor (87.36) wrote:

The problem with some of your picks such as Kodak or Xerox is that, as they show, if you do not keep up with technology you can rapidly fall to the wayside.


I think a 'forever' portfolio would include companies such as J&J, Colgate, Philip Morris, etc.

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#4) On October 12, 2009 at 10:32 AM, lemoneater (82.77) wrote:

I would pick Heinz. I cannot imagine a world without ketchup :)

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#5) On October 13, 2009 at 4:55 AM, wax (97.10) wrote:

All of the companies work for me...thanx for the comments. As I said, it's and experiment and I had to start somewhere.

Wax

 

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