Domestic US stocks are a better buy
For the rest of 2012, purely American companies are better positioned to deliver than multinationals.
Looking at the second-quarter earnings reports out so far from the likes of Coca-Cola (KO) and Johnson & Johnson (JNJ), and putting those together with Wednesday's very positive report on the U.S. housing sector, I can't help but think that I'd like to own more exposure to the U.S. domestic economy and less exposure to Europe.
At the time of this writing, Jim Jubak didn't own shares of any companies mentioned in this post in personal portfolios. The mutual fund he manages, Jubak Global Equity Fund (JUBAX), may or may not own positions in any stock mentioned. The fund did own shares of McDonald's as of the end of March. For a full list of the stocks in the fund as of the end of the most recent quarter, see the fund's portfolio here. We have a sleeper in America that has been given an impoverished name: This is the US State of Mississippi. Once thought to be the poorest State in the Nation, Mississippi is the "global" leader in catfish farming. They are also second in the Nation of the cotton crop. They are well diversified in many of the farming sectors and a paradise for the corn belt debacle. Mississippi can save Thanksgiving and Christmas. We should put more pride in Mississippi as a safe haven for the Grand Ol' USA. Mississippi is the "Gold Mine" State now and needs further investigation and investment. The Mississippi Delta is some of the richest soil sediment in the world and packed with marine life. God Bless America, and thank God for the Mississippi citizens keeping America Strong. Invest in Mississippi and it's people.
Wise words. Europe is beginning their lost decade and maybe longer. It's too bad, I'm sure there are a lot of smart hard working people there who will be stuck in the money angst for a large part of their life.
Good old American electric utilites. Healthy dividends and you can sleep at night. (I'm over 55 and so have conservatized my portfolio in preparation for retirement.)
David Pedjoe (below) should be President of the United States of America. The fool we have in there now thinks we suck and tells the world about it, to boot.
David gave a very clear message to the world that the State of Mississippi is a well rounded state that one can do business in. We need to let President Obama know we have better people in this country than what he thinks.
Yes, American companies that have their offices here but have everything they sell "Made in China." The American company owner gets all the profits while the Chinese worker gets the same thing the American worker got when things were "Made in U.S.A." The shaft. Granted, it's a much longer shaft.
I don't know which is worse, these blood-suckers sucking the life's blood out to the locals, or all those sucking noises coming out of the foreigners. Too bad there's not some H.I.V. disease that comes with all these fake profits being reported by all these fake U.S. companies.
Wake up, Jubak! It's time for the corrupt Republican corporate MONARCHY to STOP STEALING our American way of life & MAKING SLAVES OF US! It's time to give back, NOT TO TAKE MORE! We, the 99% American People ARE BROKE because of CAPITALISTIC GREED! So, tell us why YOU THINK we SHOULD GIVE BACK TO THEM?...SO THEY CAN STEAL MORE FROM US!!!
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