Since the index's were halved a few years back I think it is understandable that most stocks have risen. The question is, have we chosen those that outperformed the index's. I think the answer is yes. GE is a good example of that, as are many of the large cap stocks, AT&T, VZ etc. At this point I still feel large caps are the place to be. But in reality if one compares small cap, mid cap and large cap index funds ytd, the performance is basically equal, 'cept with many of the large caps one got the 4-5% divy kicker.
This is the first time in a few years I've had cash in my accounts and it's still less than 10% and will be invested as soon as I decided where it should go(at the end of the day, probably energy related). My brokerage accounts are for investing @ 100%, cash is kept locally at a bank you own<g>.
I hope we do get a snowy Winter, our local economy sure could use it. Last years flood, then a basically snowless Winter has not been a good thing. On the plus side, we're packed with leaf peepers this weekend! (that translates into winter rentals, season pass purchases to the ski areas etc.)
ditch
PS: I think GE is still a buy here for the long term. I once said I thought it would end up being one of my all time best purchases, and I still believe that-I sleep well at night hold this one |
