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Author: Grakf One star, 50 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 211751  
Subject: Stocks for life. Date: 11/16/2011 5:57 AM
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Perhaps not life.................. but for the long term.

I am based in the UK but invest in US stocks. I started with a pure value focus in the UK but have spent many years reading books written about Charlie and Warren. Most recently Charlie`s Almanack.

Over the last few years I have been rebalancing my portfolio so that I have most of my funds in KO,P+G,JNJ,WMT (long termers)

I also have funds in MSFT,INTC,BBY,RIMM,MRK and AZN with a view on short to medium term value plays.

I`ve been looking long and hard at other companies for ideas as long termers and think Disney and Mcdonalds are suitable candidates, I look for a strong 10 year history with stability/growth and earning visibility into the future. Thoughts on suitable stocks welcome.

Regarding the other value plays in my portfolio, earning visibility is difficult to determine, MSFT, INTC and BBY have strong credentials for LTBH but I do not class them as being in the same league as the long termers. Their goals do not seem as clear and are more vulnerable to competition. Competition would also be my concern with IBM

I would in fact be happy to sell out of the short termers and buy the long termers at fair value hence having all my worth in 4 - 6 stocks. Thoughts? I certainly feel very comfortable sleeping at night with my 4 current long termers.

My strategy for the future is to have the following shortlist of Long Termers and drip feed funds over the years when PER`s hit 15 or below.

KO, JNJ, PG, WMT, MCD, DIS

In my recent reading of Charlie Almanack he stated he would be comfortable putting his entire wealth into Coke and Walmart, I would be interested in your thoughts on this and if you consider this too focussed? I have to say that if I has to pick 2 stocks it would be KO and WMT out of the six above.

Regards

G
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