Posted by Tim Stobbs on May 26, 2009
I realized the other day we have a bit of theme to our individual investments, most of them match our bills. To my mind it sort of makes sense. A repeating bill implies long term relationship with customers and potential good cash flow in my mind. Obviously you still have to check the underlining business to see if it makes sense to you, but that’s always part of investing.
To show you what I mean here is a list of bills and stocks either I or my wife owns:
Phone / Internet Bill – MBT
Power Bill / Water Bill – APF.UN
Mortgage/ Investing Fees – BMO
Natural Gas Bill / Gas for Car / Real Estate – EIT.UN
Real Estate (Mall shopping) – REI.UN
Booze – CDL.B (Ok, it’s not a bill, but still a spending habit)
Perhaps the only one I’m really missing some exposure to is groceries/consumer goods. Yet generally those areas can be fairly low margins so I’m concerned about finding something that will provide a decant return. In addition, the competition is fairly fierce in those areas so I’m a bit leery that I’ll have to monitor that investment too closely. Any ideas on what I should look at?
So do your investments have any themes? If so, what? Thanks for sharing.