ROI - Best Potential, Precious Metals vs GE stock
SoundPoint
Posts: 255 ✭✭✭
What do you think the best potential return on investment is at this point in time?
Stocks (in particular GE) or precious metals (platinum $2066, gold $905, silver $17.42)
I read on the internet where Jeff Immelt purchased 115,000 shares of GE today between $30.59 and $30.66.
GE is trading around the low for the year at $30.21 and pays a halfway decent dividend compared to bank MM.
I'm trying to determine which offers the better ROI potential.
Any thoughts?
SoundPoint
0
Comments
<< <i>What do you think the best potential return on investment is at this point in time?
Stocks (in particular GE) or precious metals (platinum $2066, gold $905, silver $17.42)
I read on the internet where Jeff Immelt purchased 115,000 shares of GE today between $30.59 and $30.66.
GE is trading around the low for the year at $30.21 and pays a halfway decent dividend compared to bank MM.
I'm trying to determine which offers the better ROI potential.
Any thoughts?
SoundPoint >>
Jeff Immelt is selling products to Iran.....that should tell you which way to go.
<< <i>Jeff Immelt is selling products to Iran.....that should tell you which way to go.
Is he breaking any laws?
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
<< <i>Jeff Immelt is selling products to Iran.....that should tell you which way to go.
I saw an article on that, pretty disturbing stuff. Wish I had the link
Never invest in coins, and always remember that precious metals are a store of wealth, not an investment vehicle.
Ray
Ray
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<< <i>Jeff Immelt is selling products to Iran.....that should tell you which way to go.
I saw an article on that, pretty disturbing stuff. Wish I had the link >>
Try here
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<< <i>What do you think the best potential return on investment is at this point in time?
Stocks (in particular GE) or precious metals (platinum $2066, gold $905, silver $17.42)
I read on the internet where Jeff Immelt purchased 115,000 shares of GE today between $30.59 and $30.66.
GE is trading around the low for the year at $30.21 and pays a halfway decent dividend compared to bank MM.
I'm trying to determine which offers the better ROI potential.
Any thoughts?
SoundPoint >>
Jeff Immelt is selling products to Iran.....that should tell you which way to go.
IRAN has sold oil to the US in the past . . . . What is your point?
Middle East countries are friends one year and enemies the next.
This is a world economy and more and more companies/countries are going global.
Is this a good thing or bad? I don't know! I'm a very small investor.
I'm just concerned about the ROI that affects me.
So many of these countries are a major player in precious metals also.
Am I going to stop investing in precious metals also?
Like I say, I'm just interested in ROI - be it stocks or precious metals.
SoundPoint
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<< <i>What do you think the best potential return on investment is at this point in time?
Stocks (in particular GE) or precious metals (platinum $2066, gold $905, silver $17.42)
I read on the internet where Jeff Immelt purchased 115,000 shares of GE today between $30.59 and $30.66.
GE is trading around the low for the year at $30.21 and pays a halfway decent dividend compared to bank MM.
I'm trying to determine which offers the better ROI potential.
Any thoughts?
SoundPoint >>
Jeff Immelt is selling products to Iran.....that should tell you which way to go.
IRAN has sold oil to the US in the past . . . . What is your point?
Middle East countries are friends one year and enemies the next.
This is a world economy and more and more companies/countries are going global.
Is this a good thing or bad? I don't know! I'm a very small investor.
I'm just concerned about the ROI that affects me.
So many of these countries are a major player in precious metals also.
Am I going to stop investing in precious metals also?
Like I say, I'm just interested in ROI - be it stocks or precious metals.
SoundPoint >>
If a rogue country is selling IED's to kill American soldiers...you don't do business with it anymore....my simple little rule!
Buy the GE stock - it has a great track record and has great management.
PM's on the other hand are very likely to tank later this year as the dollar strengthens. I sold all my PM's in March.
“In matters of style, swim with the current; in matters of principle, stand like a rock." - Thomas Jefferson
My digital cameo album 1950-64 Cameos - take a look!
<< <i>For me this is a no-brainer assuming you are looking for a longer term investment.
Buy the GE stock - it has a great track record and has great management.
PM's on the other hand are very likely to tank later this year as the dollar strengthens. I sold all my PM's in March. >>
Management starts at the top.
Jack Welsh is sorely missed.
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<< <i>For me this is a no-brainer assuming you are looking for a longer term investment.
Buy the GE stock - it has a great track record and has great management.
PM's on the other hand are very likely to tank later this year as the dollar strengthens. I sold all my PM's in March. >>
Management starts at the top.
Jack Welsh is sorely missed. >>
I agree - Management starts at the top. Too bad we don't have good managers at the top of our political system.
Others sorely missed IMHO - Truman, Patton, Marshall, Bradley - People that knew how to get things accomplished.
SoundPoint
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<< <i>For me this is a no-brainer assuming you are looking for a longer term investment.
Buy the GE stock - it has a great track record and has great management.
PM's on the other hand are very likely to tank later this year as the dollar strengthens. I sold all my PM's in March. >>
Management starts at the top.
Jack Welsh is sorely missed. >>
I agree - Management starts at the top. Too bad we don't have good managers at the top of our political system.
Others sorely missed IMHO - Truman, Patton, Marshall, Bradley - People that knew how to get things accomplished.
SoundPoint >>
Good choices for leaders SoundPoint.........our political system should be run by the Jack Welsh's of the world.
Instead we elect power hungry zealots(some dumber than boxes of rocks...ie. Maxine Waters, Dick Durbin, Nancy P.......and on and on).
<< <i>I'm short GE. It's going the way of BAC, C, LEH, MER and anything related to finance. >>
Considering the fact that GE is already down 16.05% for the year,
I think shorting this stock would be a very "gutsy" move at the current stock price.
Good Luck!
SoundPoint
Read the last line of this just off the press PR and think about the old General Electric and Ronald Reagan.....
CHICAGO, May 29 (Reuters) - General Electric Co (GE.N: Quote, Profile, Research) said on Thursday that its GE Energy unit had won $500 million in contracts to supply gas turbines and generators to various power plants owned by the Saudi Electricity Co.
SEC is the leading electricity supplier in Saudi Arabia, where GE says demand for power is growing 8 percent annually.
Saudi Arabia is one the fastest-growing markets for GE's power and water, transportation and health-care products.
GE, the second-largest U.S. company by market capitalization, is also a member of one of four groups vying for a 30-year, $5 billion contract to build and operate a 1,100 km (685 mile) railway across the Saudi desert.
The project is one of many that Saudi Arabia is engaged in to develop its infrastructure, tourism and industry as it enjoys an economic boom powered by a quadrupling of oil prices in the past six years.
Reuters Link
``https://ebay.us/m/KxolR5
<< <i>I don't mean to go off topic, but if I bought a burial plot, do I have to pay property taxes on it ? >>
No.
Ray
<< <i>Um, lets see GE Price $30.660000.....My average purchase price $36.706351, compared to say Gold $1800 an ounce, and I'd go metals, but I make my own sell prices instead of riding ups and downs.... >>
Did you mean to say Platinum instead of Gold?
This one... link
Unless of course a person has unlimited funds...
And kinda cool and totally unrelated but while I was out at the hospital having our second baby girl my associates decided we are jumping back into the world of Boxing, we stopped a few years ago after our heavyweight lost a world title shot, and then went off to prison. We set up local shows seating around 800 and these guys beat the H outta each other and even some chick fights....so it looks like more fun for the summer....
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<< <i>What do you think the best potential return on investment is at this point in time?
Stocks (in particular GE) or precious metals (platinum $2066, gold $905, silver $17.42)
I read on the internet where Jeff Immelt purchased 115,000 shares of GE today between $30.59 and $30.66.
GE is trading around the low for the year at $30.21 and pays a halfway decent dividend compared to bank MM.
I'm trying to determine which offers the better ROI potential.
Any thoughts?
SoundPoint >>
Jeff Immelt is selling products to Iran.....that should tell you which way to go.
IRAN has sold oil to the US in the past . . . . What is your point?
Middle East countries are friends one year and enemies the next.
This is a world economy and more and more companies/countries are going global.
Is this a good thing or bad? I don't know! I'm a very small investor.
I'm just concerned about the ROI that affects me.
So many of these countries are a major player in precious metals also.
Am I going to stop investing in precious metals also?
Like I say, I'm just interested in ROI - be it stocks or precious metals.
SoundPoint >>
If a rogue country is selling IED's to kill American soldiers...you don't do business with it anymore....my simple little rule!
ugh. let me guess you do not know who the 5 biggest by country
arms dealers are in the world? you know how much stuff we produce
that is used to kill others? I am not talking US soldiers using it but
african nations killing each other. South America, etc..
ignorance is bliss.
Over the next 2-3 years it's a no brainer for me..........silver and gold. The GE stock like most others in the financial and manufacturing side
will have a tough row to follow during an economic downturn.
GOLD and SILVER........ie real and honest money and averaging 20% per year over the past 7 years....and it will continue. I don't expect GE or anything like GE to perform like that. And because it's honest money it can't go to zero like stocks, bonds, and fiat can.
roadrunner
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<< <i>What do you think the best potential return on investment is at this point in time?
Stocks (in particular GE) or precious metals (platinum $2066, gold $905, silver $17.42)
I read on the internet where Jeff Immelt purchased 115,000 shares of GE today between $30.59 and $30.66.
GE is trading around the low for the year at $30.21 and pays a halfway decent dividend compared to bank MM.
I'm trying to determine which offers the better ROI potential.
Any thoughts?
SoundPoint >>
Jeff Immelt is selling products to Iran.....that should tell you which way to go.
IRAN has sold oil to the US in the past . . . . What is your point?
Middle East countries are friends one year and enemies the next.
This is a world economy and more and more companies/countries are going global.
Is this a good thing or bad? I don't know! I'm a very small investor.
I'm just concerned about the ROI that affects me.
So many of these countries are a major player in precious metals also.
Am I going to stop investing in precious metals also?
Like I say, I'm just interested in ROI - be it stocks or precious metals.
SoundPoint >>
If a rogue country is selling IED's to kill American soldiers...you don't do business with it anymore....my simple little rule!
ugh. let me guess you do not know who the 5 biggest by country
arms dealers are in the world? you know how much stuff we produce
that is used to kill others? I am not talking US soldiers using it but
african nations killing each other. South America, etc..
ignorance is bliss. >>
Why don't you enlighten an ignorant guy.
What if it doesn't go up?
Don't buy it.
Actually I bought some GE myself this week. It's pretty much like a mutual fund paying a 4% dividend. Maybe a little more exposure to financial problems than would be preferred, but that exposure has dragged it down, and might provide a bounce.
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<< <i>What do you think the best potential return on investment is at this point in time?
Stocks (in particular GE) or precious metals (platinum $2066, gold $905, silver $17.42)
I read on the internet where Jeff Immelt purchased 115,000 shares of GE today between $30.59 and $30.66.
GE is trading around the low for the year at $30.21 and pays a halfway decent dividend compared to bank MM.
I'm trying to determine which offers the better ROI potential.
Any thoughts?
SoundPoint >>
Jeff Immelt is selling products to Iran.....that should tell you which way to go.
IRAN has sold oil to the US in the past . . . . What is your point?
Middle East countries are friends one year and enemies the next.
This is a world economy and more and more companies/countries are going global.
Is this a good thing or bad? I don't know! I'm a very small investor.
I'm just concerned about the ROI that affects me.
So many of these countries are a major player in precious metals also.
Am I going to stop investing in precious metals also?
Like I say, I'm just interested in ROI - be it stocks or precious metals.
SoundPoint >>
If a rogue country is selling IED's to kill American soldiers...you don't do business with it anymore....my simple little rule!
ugh. let me guess you do not know who the 5 biggest by country
arms dealers are in the world? you know how much stuff we produce
that is used to kill others? I am not talking US soldiers using it but
african nations killing each other. South America, etc..
ignorance is bliss. >>
Why don't you enlighten an ignorant guy. >>
sure thing. this is an eye opener.
""Last year [2000] the U.S. controlled half of the developing world’s arms market…. This dominance of the global arms market is not something in which the American public or policy makers should take pride in. The U.S. routinely sells weapons to undemocratic regimes and gross human rights abusers.""
From 1998 to 2001, the USA, the UK, and France earned more income from arms sales to developing countries than they gave in aid.
The arms industry is unlike any other. It operates without regulation. It suffers from widespread corruption and bribes. And it makes its profits on the back of machines designed to kill and maim human beings.
So who profits most from this murderous trade? The five permanent members of the UN Security Council—the USA, UK, France, Russia, and China. Together, they are responsible for eighty eight per cent of reported conventional arms exports.
“We can’t have it both ways. We can’t be both the world’s leading champion of peace and the world’s leading supplier of arms.” Former US President Jimmy Carter, presidential campaign, 1976
http://www.globalissues.org/Geopolitics/ArmsTrade/BigBusiness.asp
lets face it. our country is as bad as any other. nationalism makes
us blind to it. we topple govts, sell arms, and just as corrupt as any
other human being can be.
we see it in the news every week. every single fricking week. but
most ignore it. as long as you do not upset their apple cart what do
they care?
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<< <i>What do you think the best potential return on investment is at this point in time?
Stocks (in particular GE) or precious metals (platinum $2066, gold $905, silver $17.42)
I read on the internet where Jeff Immelt purchased 115,000 shares of GE today between $30.59 and $30.66.
GE is trading around the low for the year at $30.21 and pays a halfway decent dividend compared to bank MM.
I'm trying to determine which offers the better ROI potential.
Any thoughts?
SoundPoint >>
Jeff Immelt is selling products to Iran.....that should tell you which way to go.
IRAN has sold oil to the US in the past . . . . What is your point?
Middle East countries are friends one year and enemies the next.
This is a world economy and more and more companies/countries are going global.
Is this a good thing or bad? I don't know! I'm a very small investor.
I'm just concerned about the ROI that affects me.
So many of these countries are a major player in precious metals also.
Am I going to stop investing in precious metals also?
Like I say, I'm just interested in ROI - be it stocks or precious metals.
SoundPoint >>
If a rogue country is selling IED's to kill American soldiers...you don't do business with it anymore....my simple little rule!
ugh. let me guess you do not know who the 5 biggest by country
arms dealers are in the world? you know how much stuff we produce
that is used to kill others? I am not talking US soldiers using it but
african nations killing each other. South America, etc..
ignorance is bliss. >>
Why don't you enlighten an ignorant guy. >>
sure thing. this is an eye opener.
""Last year [2000] the U.S. controlled half of the developing world’s arms market…. This dominance of the global arms market is not something in which the American public or policy makers should take pride in. The U.S. routinely sells weapons to undemocratic regimes and gross human rights abusers.""
From 1998 to 2001, the USA, the UK, and France earned more income from arms sales to developing countries than they gave in aid.
The arms industry is unlike any other. It operates without regulation. It suffers from widespread corruption and bribes. And it makes its profits on the back of machines designed to kill and maim human beings.
So who profits most from this murderous trade? The five permanent members of the UN Security Council—the USA, UK, France, Russia, and China. Together, they are responsible for eighty eight per cent of reported conventional arms exports.
“We can’t have it both ways. We can’t be both the world’s leading champion of peace and the world’s leading supplier of arms.” Former US President Jimmy Carter, presidential campaign, 1976
http://www.globalissues.org/Geopolitics/ArmsTrade/BigBusiness.asp >>
fc
I'll check out this Website, I appreciate your civil reply.
I do have a serious problem with anything Jimmy Carter has to say, the man repulses me.
If he would just stick to Habitat for Humanity I'd be OK.
I still have a problem with Immelt....at least he stopped sales to Iran in 2005.
Two wrongs don't make a right.
If in fact we are supplying mass quantities of arms to 3rd world countries, it does not justify IED parts sold to Iran by GE.
And yes, I will say I do have some ignorance on this topic.
Regards
GB
ps. Are you going to the Baltimore show???