I just turned 60 years old. So this is a particularly important subject to me and many of my friends and family. I manage about half of the retirement savings for our household. The other half is managed by the experts at American Funds. We also have other non retirement portfolios including stocks, real estate … [Read more…]
At 8:43 I entered a Sell to Open GE May 21 2011 22. Call at 27 cents. I believe there is more punishment for GE due to the reactors they built or partnered to build in Japan. I may not get this trade, it moved to 20 cents right at market open.
What I sold last year: I sold EMC at $19.25 for a 18% long term gain – still holding significant number of shares. Sold too soon. I sold all my SLV at 27.65, 43% short term gain, but did I sell too soon? Very scary at these levels. Looking for a major pullback before considering … [Read more…]
But what if the tax cuts are extended for some or all including those making over $250K/yr? This could be extra bullish for high dividend yielding stocks.
It’s official, I added another 1/8 of my holding in GE at $14 per share. The transaction occurred at 10:54 AM est. With a 2.77% yield, GE looks like a good long term buy and hold.
I am looking to add to my shares of GE if the stock ever drops to $14. The original buy was at $14.40, I lowered the buy price due to the severe drop in the general market.
I was disappointed this morning when the market was up 133 points on the Dow. Relax in this market, my bottom fishing trade opportunities are still alive and possible. Here is the latest recap on my bottom fishing buys.
Looking for great deals on Tech, Finance, and high dividend yielders.
“Our business model is performing,” Immelt said. “We are expanding Industrial margins and realizing benefits from over two years of restructuring, while increasing investment in R&D to drive profitable organic growth.” Jeff Immelt
I am continuing to hold my position in GE on the hopes that more people will see value in GE. I would add to my position if I weren’t over invested at 150% of my planned budget allocation.