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204 Posts
I've been averaging down on G.E. for a year now, buying it after my advisor recommended it, somewhat prematurely!
I look at all stocks as long-term investments so am not greatly fussed by the drop in the stock price, although the dividend cut is more disturbing.
As I just twittered -- www.twitter.com/jonchevreau -- I just skimmed through a new book by David Maqee called Jeff Immelt and the New GE Way. It's a bit too "authorized" by GE to qualify as objective: pretty bullish and promotional. Perhaps readers of this forum can point out some of the drawbacks not in the book.
www.wealthyboomer.ca
I look at all stocks as long-term investments so am not greatly fussed by the drop in the stock price, although the dividend cut is more disturbing.
As I just twittered -- www.twitter.com/jonchevreau -- I just skimmed through a new book by David Maqee called Jeff Immelt and the New GE Way. It's a bit too "authorized" by GE to qualify as objective: pretty bullish and promotional. Perhaps readers of this forum can point out some of the drawbacks not in the book.
www.wealthyboomer.ca