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Question in regard to investing for my kids

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October 11, 2019, 10:41 PM
ElToro
Question in regard to investing for my kids
JNJ hasn't done much for a few years. up and down and pays a dividend of almost 3% right now better than you can get in cash. I wouldn’t worry about it going to zero, but if I wanted growth I’d put the money elsewhere.

A single stock can be a real winner. Just today a client brought me her brokerage statement for a mortgage loan we are doing with her several thousand shares of MSFT showing a cost basis of..... .39c accounting for many splits. so IF you bet the right horse you can end up doing very well. She told me the story of buying as much as she could after the crash in October 1987.
October 12, 2019, 10:34 PM
Rey HRH
quote:
Originally posted by Black92LX:


Johnson & Johnson


No one's going to fault you for holding on to it. If you're going to keep it, reinvest the dividends. I don't think it's going to break records in stock price growth but that means it won't be volatile either.

Given that it's for your kids with maybe a 20 year horizon (assuming you'll finance their college through someplace else), I would echo Jallen's advice (and it's not something I agreed with in the instances I saw it): there's a company with no load no fee funds, split it among funds that will give you US stock exposure with a portion in foreign countries, and a split among different sectors.

Understand that all "experts" pretty much agree we're in the last third of the latest bull cycle and are due for a downturn. The disagreement is when that will happen and when should people be out of the market.

I've delegated my stock market outlook to a company that thinks we still have a lot to squeeze out of this bull market even though there may be some volatility along the way.


"It did not really matter what we expected from life, but rather what life expected from us. We needed to stop asking about the meaning of life, and instead to think of ourselves as those who were being questioned by life – daily and hourly. Our answer must consist not in talk and meditation, but in right action and in right conduct. Life ultimately means taking the responsibility to find the right answer to its problems and to fulfill the tasks which it constantly sets for each individual." Viktor Frankl, Man's Search for Meaning, 1946.