My 15 “Forever” Stocks

Live long enough and you’ll be at a point where you’ll wish you had a portfolio that you could pay attention to not more than once every year or so. And:

You’d see that your estate plan is designed to provide asset protection for your portfolio and financial security for your loved ones by putting and keeping your investments in the name of an irrevocable trust (possibly a dynasty trust).

I’d suggest you consider accumulating the 15 or so stocks most owned by the elected members of our nation’s Senate and House of Representatives.

With little legal or ethical limitation, they can invest in whatever they wish—to an extent, with the help of inside information, and legally so.

Fortunately, their consensus picks are a matter of public record.

According to Open Secrets, the Center for Responsive Politics, these are the 15 most-popular stocks, in alphabetical order:

Apple, Inc. (AAPL), AT&T, Inc. (T), Bank of America (BAC), Cisco Systems (CSCO), Exxon Mobil (XON), General Electric (GE), IBM Corp. (IBM), Intel Corp. (INTC), J. P. Morgan Chase & Co. (JPM), Johnson & Johnson (JNJ), Microsoft (MSFT), Pfizer, Inc. (PFE), Procter & Gamble (PG), Verizon Communications (VZ), Wells Fargo (WFC).

I’d try to buy each stock in dips so as to accumulate exceptional capital gains as well as decent dividends for reinvestment in more shares to assure protection of my portfolio from accrued inflation and loss of buying power.

I do not yet own any of the stocks mentioned above.