1. Most Discussed
  2. Gainers & Losers

So what are the Blue Chips these days?

  1. Fred_Gassitt

    130 Posts.

    Background....My wife is pretty disappointed with her latest Banker's Trust statements and is looking for options.

    I suggested that she forget the funds and just buy Blue Chips. But she doesn't trust my advice (with good reason I suppose, the last advice I gave her was to buy VCM at 93c, after a 10 for 1 swap they are now worth $1.20, so she's down about 80% on that one.).

    She's got about $20,000 and is looking for long term growth, preferably with dividend re-investment.

    I've suggested CBA, NAB, BHP, CSR. But it begs the question, what exactly are the blue chips these days? And how do you define Blue Chip?

    My definition of a Blue Chip is a stock that will reliably deliver good dividends, and would not go down by more than 25% in even the worst market collapse.

    Does NCP fit the bill? My personal opinion is No.

Before making any financial decisions based on what you read, always consult an advisor or expert.

The HotCopper website is operated by Report Card Pty Ltd. Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, you should before acting on the information or advice, consider the appropriateness of the information or advice in relation to your objectives, financial situation or needs. Please be aware that any information posted on this site should not be considered to be financial product advice.

From time to time comments aimed at manipulating other investors may appear on these forums. Posters may post overly optimistic or pessimistic comments on particular stocks, in an attempt to influence other investors. It is not possible for management to moderate all posts so some misleading and inaccurate posts may still appear on these forums. If you do have serious concerns with a post or posts you should report a Terms of Use Violation (TOU) on the link above. Unless specifically stated persons posting on this site are NOT investment advisors and do NOT hold the necessary licence, or have any formal training, to give investment advice.


Thank you for visiting HotCopper

We have detected that you are running ad blocking software.

HotCopper relies on revenue generated from advertisers. Kindly disable your ad blocking software to return to the HotCopper website.

I understand, I have disabled my ad blocker. Let me in!

Need help? Click here for support.