I have $100K to invest in the market (it's my retirement pensioin), I'm 46 yrs old.
1)Thinking NO mutual funds
2) Diversify between:
-Banks (financial) say ticker "TD.TO" on Toronto (banks always make money, TD is a major player and seems slightly undervalued. w/low PE and pretty good dividend)
-Oil exploration ticker "SLB" on NY (Schlumberger is established with real aggressive 1yr target, low PE and good dividend and major player with pretty good record)
-Energy say ticker "ABB" on NY (ABB because they have come out of the LOW Dark times after settling the major class action suit, they are key players in the energy field in emerging countries
3) 33% for each to yield $$ on increase
4) I'll go long and hold no problem
5) I am holding "NT" (lots of it) and I wonder if I should dump, when it looked bleak, I just thought I would hold for 10-20 yrs till it gains back some ground, I am interested in comments regarding NT, I bought at about $10 it's now around $2.50
?
2006-11-29
11:36:40
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10 answers
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asked by
like1m
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