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Non-Tech : Pep Boys (PBY) Automotive Parts and Accessories
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To: Rick Iavecchia who wrote (45)10/29/1997 7:57:00 PM
From: sea_biscuit   of 116
 
Thanks! Yes, I am not a market "player". In fact I hate playing the market so much that, initially, I used to hate anybody who played the market! Now, I am a little more tolerant of them. After all, it takes all kinds to make this world!

A rather easy way of ensuring a quality portfolio is to follow the strategy outlined in "The America's Finest Companies Investment Plan" by Bill Staton. At least that is what I use.

I intend to add JNJ, NUE, HWP, SIAL, PLL, JCI, WRE, AT to the list, dividing the whole set into two portfolios -- placing stocks with high-dividend yields in an IRA and those with low-dividend yields in a taxable account, and with each portfolio having not more than a dozen stocks at the most.

Thanks again for the kind words. Wishing you Good Luck.

Dipy.
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