Investing in GE

[DialerGuy]

I've always liked GE for long term investing; read this article and it helps to affirm that decision.

 

http://www.theatlantic.com/magazine/archive/2012/12/the-insourcing-boom/309166/3/

[hegemony]

I got in GE when it was way down because of fears of its credit card unit's exposure. I am still long GE.

 

I am also long AXP, BRK.B, JPM, and PAL

[encoder]

I got in GE when it was way down because of fears of its credit card unit's exposure. I am still long GE.

 

I am also long AXP, BRK.B, JPM, and PAL

 

Agreed. I'm averaged into GE at about $13 during the first few months of '09, plus a DRIP. Honestly, I'm a little let down on it, I thought back then that we'd be back near $25-30 by now. It's just hovered $15-20 for most of the last 3 years. But with the dividend it's been an easy hold for me.

 

Would/are either of you adding to your position at today's levels?

Edited January 13, 2013 by encoder

[DialerGuy]

I may add at current levels. To be 100% honest, I've avoided trading individual stocks the past few years but I have a couple thousand that I've been direct depositing (over the past years) into a Sharebuilder account...and I may start playing with some options again; but easing back into all that.

 

I think the dividend makes it an almost no-brainer stock to buy and hold; but I'm wanting to speculate a little right now (risky) and it's not super risky.

[hegemony]

I still like GE and pick up more every few weeks. I am no daytrader so don't look to me for advice on getting rich quick

 

I have eased out of about 50% of my JPM in the past 3 months.