Quote Originally Posted by Sanlmar View Post
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.
Two companies made my list right off the bat....XOM and MMM.