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Strategies & Market Trends : Value Investing
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To: Paul Senior who wrote (42039)3/29/2011 9:57:20 PM
From: Madharry2 Recommendations  Read Replies (5) of 78482
 
the only problem with this is that for every chevron there r several companies who's employees thought they were set for life with company stock like Xerox, Eastman Kodak , GM, Enron etc. also as we like to say past results no reflective of future performance or we would all be billionaires. With 20-20 hindsight i would have put my childhood savings in Disney, a company that was easy to understand and just left it there.
Even better, when my wife had bought a dell computer in 1990, instead of wasting our hard earned savings on a downpayment for an apartment we had just bought dell stock, we could have bought the whole apartment a few years later with the profits, and retired on the balance, and we could have done the same thing later when my wife bought an apple for her next computer. two years ago she bought a subscription to netflix- sigh.
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