A very common theme I’ve learned to understand is that people tend to gamble their own money like sailors, but prefer to be stewards of austerity when it comes to inheritance or gifts. They will buy Chinese burrito accounting scams in their own accounts on margin, but Disney for their stupid grandkids. If you really think about it, the exact opposite should occur, being that the stupid grandkids are considerably younger and have many years of earnings ahead.
Nevertheless, I understand the sentiment of wanting to gift the kids with something that will be around and can grow for an extended period of time.
There are several prerequisites one must apply when screening for these stocks, the first being dividends. Your choices MUST pay dividends. Do not force me to explain why; instead, why don’t you take my word for it? The second and third are minimum market cap of $1 billion and earnings per share profitability. Discard with the high beta money losers. After all, these securities are for your stupid grandkids.
Lastly, I like to screen for growth when I can. I’ve placed in a minimum growth metric of 15% for revenues and 5% for earnings. In addition, I’ve taken into consideration return on equity, a true measure of a companies vibrancy.
Here are my picks and this is my screen.
QCOM
AMT
INTU
EMN
WLP
ETN
IACI
BX
MTB
BKH
This was designed to be implemented as a portfolio, not singular picks. I’ve found, in my many years of experience, managing money professionally, that having the larger picture in mind is always preferred to the degeneracy of the short lived piker day trader bastard.
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The piker degenerate day trader that I am appreciates your thoughts immensely. Stop in for a visit, we’ll offer some tea.
The picture of the kid destroying the painting looks like ‘lil Fly damaging Grandpa Fly’s picture of Mario’s on Arthur Ave. in the Bronx.
Nice list, what about that thing with Carson and AMT, I am not sure if it got resolved… and that boy can make them eat mud… I’ve seen him in action.
I might buy these even though I don’t have grandkids… yet.
By the way your last paragraph is a piece of art.
No LNG?
Innarestin, i work for one of them there.
thanks for giving great advice for free… those are just great stocks
Screw those little bastards.
Thanks for the list boss. How one can come up with stocks for the future is truly magician. Grandkid is most likely. Only the rich and poor/immigrants are breeding broods. Throw out the forty year old birthing the autistic grandkid and the numbers get worse.
the grandkids are gifted this fine portfolio, and then around the age of 25 liquidate to use in gambling in chinese burritos. In the end, the money will always find its way into a chinese burrito.
leaving a legacy is most important..one day you younger guys will appreciate this list…well done fly
my father…a career non com master sargent…loaded up on LMT in the 1970s for his kids…enough said
My Dad loaded up on EJ Korvette (defunct Dep’t. store),GM, US Steel, Monkey (Montgomery) Wards (defunct Dep’t. store), Bell & Howell (gone),and Jim Beam (to drink)…. enough said
Nice.
Like me, my father wielded a horn of pearle.
Hey Fly,
check out your portfolio here…
https://trader.motifinvesting.com/motifs/ten-stocks-for-your-stupid-gran-Uoo6yu97#/overview
you wanted them equally weighted right?
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