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  • varia_nada varia_nada Feb 27, 2012 1:00 PM Flag

    Stock ideas for Roth IRAs

    I'm in the same situation. presently looking at GLD to preserve dollar value, or CVX for growth (1 share has become 4 shares since split twice in 1994 and 2004 plus 3% dividens), or Royal Dutch Shell (energy co with 5% dividends, have not researched on the growth potential yet).I don't have a lot of $$ to invest in my Roth, can't invest in all three of them. Also I don't have economic background nor a great deal of experience in stock market, do your own due diligence.

    Hope some ones would share some ideas, thanks in advance.

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    • COP will spin off PSX on May 1st. COP will grow and spit out the same divi as now but PSX will grow and spin out a much higher divi (hoped). Here you are playing growth with income in one company and you get 1 share of PSX free for every 2 shares of COP owned at the time. Play is an international OIL giant that is growing especially in Cananda.

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