What do you guys think of these for long term set it and forget it stocks ?
XOM
JNJ
MSFT
KO
MCD
PM
ADP
At current quote, I'd put 100% of my money into JNJ and sleep well at night for 30 years. Has a nice yield right now also.
If you buy individual stocks though, you need to keep an eye on them. With JNJ, keep an eye on the top brass and make sure that they stay lean.
Of the ones listed, I'd avoid PM altogether.
I have a long term fear over beverage companies like KO due to the water crisis that is coming that people live to ignore.
MSFT is tech. It is not a buy and forget stock. That sector changes to fast. 15 years ago, no one would have said that Google and Apple would be threatening MSFT. In a small amount of time, amazing amounts of chang happen in tech.
In my opinion, if you want to sleep well, buy these in 25% chunks:
JNJ
BRK
FFH
MKL
Of the ones above, I'd toss out JNJ first. But it is definitely a good company.