Telstra

Being a Telstra only shareholder has worn a bit thin. I am still above my buy in price (luckily) but would like to move to a five stock portfolio, international businesses with average dividend yield in top 30. Have held Telstra now for about four years and have done well.

A little apprehensive about the banks (except MQG) and big resources, and a bit scared to jump from Telstra just for the sake of churning.

A: I would be very uncomfortable recommending just five stocks – let alone one! But, you have obviously done well with Telstra.

Have a look at our growth portfolio for some ideas.

Names you could consider include Macquarie, CSL, Ramsay, Brambles, some resource or energy majors like BHP or Woodside, Westfield, etc.


Read Answer