If I Could Only Buy and Hold a Single Stock, This Would Be It.
I own more than 100 stocks. I want to spread my risk around. I also like to take more of a basket approach by investing in several stocks that should benefit from a particular theme rather than a singular stock. I don't want to be right on the thesis but wrong on the company to capitalize on my view. I typically buy shares of several companies each month as cash flows into my portfolio. However, if I could only buy one stock, it would be Brookfield Infrastructure (NYSE: BIPC) (NYSE: BIP). That's because the global infrastructure company pays a high-yielding dividend (satisfying my desire for passive income) and has focused its business on capitalizing on three megatrends (digitalization, decarbonization, and deglobalization). Because of that, I believe it can generate strong total returns while offering a very low-risk profile.Generating passive income is a core aspect of my investment strategy. My goal is to eventually produce enough passive income to offset my basic living expenses so that I don't need to worry about working to make a living. In the meantime, I reinvest the passive income I produce into generating more income. Continue reading
I own more than 100 stocks. I want to spread my risk around. I also like to take more of a basket approach by investing in several stocks that should benefit from a particular theme rather than a singular stock. I don't want to be right on the thesis but wrong on the company to capitalize on my view.
I typically buy shares of several companies each month as cash flows into my portfolio. However, if I could only buy one stock, it would be Brookfield Infrastructure (NYSE: BIPC) (NYSE: BIP). That's because the global infrastructure company pays a high-yielding dividend (satisfying my desire for passive income) and has focused its business on capitalizing on three megatrends (digitalization, decarbonization, and deglobalization). Because of that, I believe it can generate strong total returns while offering a very low-risk profile.
Generating passive income is a core aspect of my investment strategy. My goal is to eventually produce enough passive income to offset my basic living expenses so that I don't need to worry about working to make a living. In the meantime, I reinvest the passive income I produce into generating more income.
