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Thread: FAO Stock geeks: My NIA type pick for the next while

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    Plutonium Sanlmar's Avatar
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    Quote Originally Posted by Daly View Post
    If you guys had a kid and wanted to set up a DRIP for them what company would you choose?
    First reaction is Exxon. 3.5% They offer a DRIP. Decent spot here for initial purchase and they will be around 25 years from now doing much the same thing.

    I am not gambling on identifying the next big growth story here, right?

    I don't think in these terms usually but it should be on your short list.

    I did this for my kids 15 years ago. Raytheon was big around Massachusetts, I knew a lot of guys there and they suggested it. It was mostly luck. War was in the air and they did a DRIP. Not a tremendous dividend but the growth was a double.
    Last edited by Sanlmar; 04-11-2016 at 07:07 PM.

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