Hi Guys,
Suppose one has one child, who is approx. lets say 5 years of age.
If it works for one child, it should work the same for another too, so, lets keep it to one child.
Lets say, one decides that he will buy stocks for the child worth 5 lakhs, a non-trading portfolio, to be held for the very long term... Lets say 20 years,when the child has now attained the age of 25 years.
Criterion for selection of stocks is
1. High Safety of capital
2. Possibly dividend paying, why not, as a bank account will have also developed by the end of 20 years.
3. Of course, capital appreciation of investment.
In today's market scenario, what would be the stocks one would buy, knowing he is going to hold for 20 years and yet not have to worry much about market turmoil or any short /medium term problems.
I hope to have a discussion of various stocks that might fit into this category and in due course, have a short list of say about 10-12 stocks, that fit into this category on which most sensible members would agree.
Best wishes,
Samir.
Edited by samirarora - 30/Aug/2009 at 1:37pm
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