UnThreaded | Threaded | Whole Thread (10) | Ignore Thread Prev | Next
Author: pauleckler Big funky green star, 20000 posts Top Favorite Fools Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 76237  
Subject: Re: reply to high dividend stocks for retirement Date: 2/25/2008 12:12 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
GE is one of the largest US corporations, usually no 1 or no 2 in most lists. It is very well managed and does quite well for its size. It is one of the largest components of the S&P 500. So if you own index funds, you probably already own some.

These days we learn they are over 50% international. That makes them quite good in ability to resist a recession.

Jeff Immelt is the current CEO. He is doing fine. Previous CEO was Jack Welch. He grew the GE finance business. So now GE is almost like a bank. I think they have been able to avoid the subprime meltdown, but you might want to check into the details. They are very much into financing things like airplanes and locomotives but have expanded far beyond that initial base.

So GE is probably an OK place to invest. Like most blue chips its growth potential is not large, but it can be a steady performer, and it is not one you are likely to lose sleep worrying about.
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (10) | Ignore Thread Prev | Next

Announcements

The Retire Early Home Page
Discussion on accelerating retirement day.
Pencils of Promise - Back to School Drive
"Pencils of Promise works with communities across the globe to build schools and create programs that provide education opportunities for children."
Post of the Day:
Saul's Investing Discussions

Why Did I Buy a Bunch of PFIE Today?
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement