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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?


To: Kirk © who wrote (40675)11/20/2008 10:35:51 AM
From: gronieel4 Recommendations  Respond to of 42834
 
"I recall trying to get my parents to sell half their GE in 2000 when it hit $60 and the work I was doing as an analyst said it was over valued by a factor of 2 relative to the S&P500. My Dad said "Brinker says it is like a mutual fund and you can have up to 20% in it."

That's cool Kirk.

Since your parents were probably getting a bit older you were probably going to recommend something like that Citi stock bond "equivalent".

Did you explain that C stock is just like a bond except you don't have to worry about maturity dates and coupon rates and stuff like that?

If you just hold on and you will get all your money back...isn't that what you said Kirk?

BTW, I see that Saudi Prince is backing up the truck again today...did you send him a special bulletin?