Hi Kent,
I brought up the subject of 1000-share limit with Schwab a few times, and each time, they told me that they see no reason to change the limit to 5,000. They can afford to be arrogant because we keep paying for their service, out of our reluctance to change. Well maybe after losing a few more accounts, they will temper this arrogance. How about it guys (Doug, Rich, Dave, Donald and Joe), any of you still doing business with Schwab?
About Boeing, when I got in, its market cap was $34B (now $44B). Only 2 major aerospace builders left in the world: Boeing (American), and Airbus (European). With the growth in world population, prosperity, and traveling, I feel good about investing in the infrastructure for this growth, and feel good about Boeing's chance vs. the European competition. Boeing is too important of a national asset (both defense and commercial), for it not to survive and do well in the long run. I feel that I can sleep well at night with this stock, no matter what happens (recessions, disasters, market crashes). I plan to hold it for a long time (hopefully never have to sell), even when BA's market cap goes over $100B, as I think it should in the next few years, once the recent acquisitions are digested, and its house put in order.
Sorry, thread, for going off-topics, but AFLX days are numbering... Best wishes to all! Dean
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