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Message from discussion Is GE a safe bet against all odds?
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leon.panth...@gmail.com  
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 More options Feb 24 2007, 10:32 am
From: leon.panth...@gmail.com
Date: Sat, 24 Feb 2007 07:32:42 -0800
Local: Sat, Feb 24 2007 10:32 am
Subject: Re: Is GE a safe bet against all odds?

michelwil...@gmail.com wrote:
> No. In the last 5 years GE has lost 7.05% while the S&P , the Dow, and
> the Nasdaq have gained 26.78%, 21.66%, and 36.38% respectively. Should
> i just change my investment thesis that GE is only a safe bet when the
> overall sentiment on the market is bearish? It appears that money
> managers who want to make money don't play the GE card. It's so sad.
> It's the so called "best managed american company". Do not expect this
> baby to spike!!

Nothing sad about it, except for instant-gratification day-trading
kiddies.

That was a very strange selection of numbers you cited.

I bought GE at 23, back in 2002 (that was 5 years ago). It's now at
35, and I'll continue with the dividend reinvestments. GE *IS* the
Dow. It is an index fund that predates index funds.

Timing and patience, folks. Timing and patience.


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