RE: Pick one from each Category to hold for the next five years and tell why? Additional contestants welcome.
Interesting choices in aggregate. SCHD would seem to be a decent Fund to cover all of these. Not sure what percentage of your portfolio these companies total, and if the Consumer Staples portion of SCHD is equal to that, or at least in the ballpark.
Anyway..................
Beverages: I am not a big fan of the alcohol based securities. While they will ALWAYS have their markets, it just does not seem like an investment theme that I am interested in. (I do have sin stock holding, like PM for example. Had MO and others in this arena, but never felt comfortable with the "drinkers" stocks. Between KO and PEP, years ago I consolidated my holding to PEP, when I exited one of them. I always liked the snack food business as a good combination with the carbonated drink side. i think PEP lost their way in the recent past from the soft drink business, and that has been reflected in their stock price issues. Hopefully, they will recover.
One probably won't go wrong with either.
Food products: I have no holdings in this category. I had positions in HSY for many years, but sold out when the cocoa/chocolate supply went off the rails a while back. I did enjoy many years of gains in HSY. I am a big admirer of a company that has a minimal advertising budget, yet their products are well known and "out there".
Household and Personal Care: I am biased here, as I have been a multi-decades holder of both PG and KMB. Had CL for a while many years ago, but sold when I was consolidating my holdings to a more reasonable number. Sold UL when they started making political statements/actions on everything, especially their Ben & Jerrys unit. Just make the product and sell it - cut the politics stuff.
I always thought about CHD, as it seemed like a decent company and had a very popular product that Folks seemingly would buy no matter the price. Never pulled the trigger for whatever reason. |
