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I have just started out, investing small amounts every two weeks using Sharebuilder. I am looking towards a 5-20 year investment as I am in my mid-twenties. I am looking to build a small portfolio, as I already have a pension plan and a Supplemental 457 plan.
My first two stocks were a Large-Cap Natural Gas producer, and a Small-Cap Natural Gas pipeline company, as I am thinking Natural Gas will be used more and more as time goes on.
My main question is where should I head next? I was looking at XOM, or maybe DO. Is this wise, or should I head to an entirely different sector such as ANPI? Or Honda Motor Co?
I am looking at maybe a five to six stock portfolio, adding one every two weeks, then buying more and more as time goes on.
Any advice? I watch Cramer every night but am reluctant to follow his advice because I am not in it for quick trading, mainly buying and holding.
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