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  • Should General Electric Shareholders Swap For Synchrony?  [View article]
    HI DAVE

    I'm look at it from a different angle. as to index funds. I like to review the history of a stock. Take GE as an example, We know JW left in 2001 and we had 9/11 so I would look at GE from 2003 to 6/30/15. from this I can plug in industry problems or the melt down or how GE performed from the
    Genworth spin-off I understand how the company operated so I can make the best decision available.
    With an INDEX fund I can only go back to the last revision because after that It's the orange of say 2014 versus the apple of today the previous history is meaningless.
    Now if I was just doing a trade for a short period then I don't care.

    My ego makes me think the 100 stocks I buy will kill the 3000 in the fund

    You might find it funny but I have only bought two funds in my life
    (I was always forced to buy funds in my 401k but I don't consider that the best but I was forced into it) The energy fund back in 1975 and KYN .

    Research is important to me so I was referring to the numbers they print.
    Dec 3, 2015. 04:37 PM | Likes Like |Link to Comment
  • Immelt: GE focused, balanced, a good bet for investors  [View news story]
    hammer34

    Have you herd the adage that those who forget history tend to repeat it.

    CEO IMMELT is the poster boy for the peter principal.
    Dec 3, 2015. 09:17 AM | 2 Likes Like |Link to Comment
  • Immelt: GE focused, balanced, a good bet for investors  [View news story]
    bionhoward

    Please tell me which green energy form you think can do the heavy lifting.

    I do feel that we should use renewables where practical however each have been around in some cases before the use of gasoline and have not proved a viable alternative.

    If you believe the oil is a declining industry, I have a bridge in Brooklyn to sell you. While the industry at the moment is not in favor the math continues to show that as people in the under developed world improve there standard of living oil is necessary to provide part of that standard.

    I wish we would change the building code to incorporate solar into all buildings if practical.


    Dec 3, 2015. 09:12 AM | 1 Like Like |Link to Comment
  • Immelt: GE focused, balanced, a good bet for investors  [View news story]
    When I look at the next three years, the GE team knows exactly what we have to do," Immelt said. "We've got all the tools to do it with, and I think from a capital allocation, earnings growth, organic growth standpoint, we are a good bet for investors right now."

    I agree that the GE team knows exactly what we have to do," history tells me it a 1 in 8 chance of getting it right.
    Dec 2, 2015. 10:09 PM | 5 Likes Like |Link to Comment
  • House, Senate agree on long-term highway bill, reauthorizing Ex-Im Bank  [View news story]
    mike s

    you have been sold a bag of you guessed it.

    My understanding why private companies do not do the guaranteeing is that some foreign customers can only get financing if it is the U.S. Government that is doing the guarantee......similar to Fannie Mae insurance in real estate.

    fannie mae buys loans not insurance it's a GSE formed in the 30's to buy loan of banks so they could lend to additional people.
    your comment
    How you can be in favor of this negative outcome is a mystery to me.
    Here is a bigger mystery why do you increase the debt on your grand and great grand children?
    The bottom line is the amount of money that the ex/I'm bank gets from the treasury via appropriations exceeds the money the give back to the US Treasury 6therfore it become part of the federal deficit which will screw the grand kid because every dime collected has to come out of the economy in some form.
    what you don't know is hurting our grand kids
    Dec 2, 2015. 10:03 PM | Likes Like |Link to Comment
  • House, Senate agree on long-term highway bill, reauthorizing Ex-Im Bank  [View news story]
    smr40

    yes, tell us who lost jobs and at what company. Ge and Boeing are the banks top customer and no body was fired there.
    give specifics, don't be like Obama who says widows and kids and then we find 46 males of military age.
    most of the manufacturing jobs went for two main reasons
    1] shoddy work like the auto industry since the 70's
    2] Lack of a educated skilled work force.
    Seeing you are in aerospace ask yourself why Grumman folded.
    if you watch the wiz on NBC it from Grumman studios from Bethpage ,NY
    Dec 2, 2015. 09:48 PM | Likes Like |Link to Comment
  • Regulators set out new rules for SIFIs  [View news story]
    relospecialist

    Thanks for the kind words, I did not see it as satire as there are too many gullible people. Most people have no clue that many small businesses have loan agreements that pays there employees year round because the business has seasonal peak and low cash flow times.
    Dec 2, 2015. 08:37 PM | Likes Like |Link to Comment
  • Should General Electric Shareholders Swap For Synchrony?  [View article]
    mjtroll1

    The problem is hedge funds like to make big scores. Just one of the reasons many funds don't even beat the S&P 500

    Just look at this swap ge/syf at this moment those who kept there shares lost out on nearly 10 % gain.
    2 or 3 months from now it could be reversed should GE have good numbers and syf bad. To me when I see the dec 16 numbers in 2017 then I would declare who the real winner is by the 12/31/15 closing trade
    Dec 2, 2015. 07:21 PM | 1 Like Like |Link to Comment
  • House, Senate agree on long-term highway bill, reauthorizing Ex-Im Bank  [View news story]
    fripp1

    I do not understand your post.

    I'm against the E/I because the bottom line is they get tax payer dollars to run the place and if a loss the taxpayer pays.

    If we net down all the waste like this and many others my grand kids won't face a stifled economy.
    Dec 2, 2015. 04:39 PM | Likes Like |Link to Comment
  • House, Senate agree on long-term highway bill, reauthorizing Ex-Im Bank  [View news story]
    mike s
    Go back to when the EX/IM was created go thru each Annual Report take the write offs and appropriation given to the bank and track it like a loan.
    Do that and we the taxpayer are owed billions.

    Seeing you like Wikipedia -
    The cost and effectiveness of the bank are controversial. While the Ex-Im Bank projects to save the US government $14 billion over 10 years, an alternative analysis from the Congressional Budget Office found that the program would lose about $2 billion over the same period, partly due to discrepancies how credit risk is accounted for.

    The main problem is e/I does not do real accounting as Chase or Wells Fargo would do. That's why it's called government gaap and not gaap

    If I give you an allowance of $100 and $80 to loan out and you give me back a quote $40 profit and have assets of $50. How much is I the US Treasury out and pass on to the taxpayer.
    That's how government gaap works.
    Dec 2, 2015. 04:29 PM | Likes Like |Link to Comment
  • House, Senate agree on long-term highway bill, reauthorizing Ex-Im Bank  [View news story]
    mike s

    his comment was
    read what the bank actually does. where the money really comes from and who it goes too. its insurance.

    I was indicating loans were involved. They have also did the HYBRID letter of credits
    Dec 2, 2015. 04:04 PM | Likes Like |Link to Comment
  • Should General Electric Shareholders Swap For Synchrony?  [View article]
    mjtroll1

    Yes, however you need to time constrain when the next "balancing"occurs. Just like you must make adjustments when the fund starts to reduce a position.
    Dec 2, 2015. 02:36 PM | Likes Like |Link to Comment
  • Should General Electric Shareholders Swap For Synchrony?  [View article]
    dave

    I looked at mutual funds. I don't like index funds because over time the numbers are bull. Because they take out stocks because of poor performance you end up with an apple against an orange comparison.
    I heard a possible urban legend that if you took the original s & p and never added any stock unless the new company took over the old S&P member you would be down to around 200 stocks and nowhere near the numbers of today.
    Dec 2, 2015. 02:31 PM | Likes Like |Link to Comment
  • Should General Electric Shareholders Swap For Synchrony?  [View article]
    Dave

    I guess my views are unusual but I review my numbers only at the end of the year versus the s&p 500 annual number. I don't look to make any trade big. I don't like funds because the law of numbers X positive y even z losers. True at times the tide raises all boats.
    I also do a cost of funds routine to decide growth, income or both.
    Dec 2, 2015. 02:16 PM | Likes Like |Link to Comment
  • Should General Electric Shareholders Swap For Synchrony?  [View article]
    dave

    I have help my wife is a CPA. I have written some programs that assist. I have several different brokers because I saw what happened when Goodbody failed in 1971 and while the clients got they funds and stock back they were subject to market risk for 7 months. I also have trading accounts where I get in at x , and I get out at either x+ 8% or x - 5% no thought just the math. I see my various doctors on average every 6 months and alternate so someone sees me every 90 days. I also get a annual check up that I have to pay for but it's money well spent.
    Dec 2, 2015. 02:04 PM | Likes Like |Link to Comment
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