Nestle MY

Subsequent purchase Nestle $NESTLE

My first share purchase in 2024 was in February $NESN (-0.05%) .

I often think about which stocks will still be going strong decades from now. Boring sectors that are essential to life, such as food & drink, are among them. Boring, but a great fit for my portfolio to benefit from share prices and personal dividend yields in the long term.

I buy Nestle for the following reasons:

• With a market capitalization of over 250 billion, it is one of the largest companies in the non-cyclical consumer/food sector
• The entry point is currently at over 3% dividend yield
• Has been increasing its dividend for over 25 years

I have waited a long time to buy the share again at an exciting price. Over the next few years, I will continue to buy here occasionally when prices are low.

The ESG ETFs are relatively random and make no sense from a return perspective is nothing new.

But after looking at the positions from one of the ETFs, questions arise as to what this is good for...

My favorite position in Vanguard's ESG global all cap with an 80billion market cap is. $NESTLE 😂

I wonder how many of the retail investors buying these ETFs have never looked at the positions?

(Why not just rename it random big cap, then at least

at least you know what is being bought)

#esg
#greenwashing