Investment Strategies: Buy and Forget

This is the simplest of Investment Strategies that I use - buy something good and forget about it for a long time. Let the market do its magic. Ideally, one would want to buy a growth stock and hold for the growth to materialize. However, it is difficult to pick a good growth stock that will maintain its momentum. So, I am have been a little conservative with my stock selection for Buy and Forget - I have gone for high dividend picks that are market leaders in their industry.

Current I have the following Buy and Forget selections:

• Durer: a 2050 Target Date Retirement Fund
• Klimt: a Fixed Rate Bond Fund, the account is Current
• Bruegel: DEO
• Turner: INTC
• Renoir: VZ

A total of 7 Units. 

It is good to have a part of the portfolio in a position where I don't have to stress over how to manage them. I am looking to transfer over more of my unused cash towards Buy and Forget opportunities - perhaps a more growth oriented choice next time.

Van Gogh, The Potato Eaters

 

Klimt

It has one simple holding - a fixed rate fund. The fund has a 5 year return of 6.45%. It is one of my most conservative holdings - I like the stability of this fund. It is always good to have some diversification - and its good to see stable monthly dividends without any drama.

I am planning to just leave all the contributions in this account in the fixed rate fund. Let them accumulate at 6.45% - not a bad return with virtually no risk.

Klimt - The Kiss, 1908