Bought GE

I bought 30 shares of General Electric (GE) at $35.50 for my longterm portfolio. This was only a $1,075 purchase of stock, but I’ve learned to place several smaller orders at different times rather than one big order.

This purchase was slightly before GE reported earnnings, stating an 18% increase in revenue.

Looking back at this post, it is clear why I want this company in my longterm portfolio. GE is involved in everything from MRI machines to jet engines.

I will add to this position as the market dictates.

Written by Neville on January 24th, 2005