Investing 102

[GregWeld]

I read with interest a couple days ago that BOEING (BA) was going to lay off 8,000 workers.... I thought (immediately) OH OH! I don't own the stock - it's generally (in my mind) a boom or bust industry - although less so now that there's really only the two players.

So just because I was reminded of it by another article - I looked up Boeing. Just as I had thought might be the case - the stock is down Year to Date - and for the "year" (last 12 months). So - as I usually do -- I stretched that chart out to 5 years -- WOW! Up 70+ %.... so down 8% this year now doesn't look so bad.... so out to 10 years I went -- WOW! Up 60+ %...... and it pays a real decent dividend....so out I went to "ALL" -- it's ONLY up 7000+%


LOL


Just using this as another example of what you "think" and what you "KNOW". Usually a big difference. No I'm not buying BA or even recommending it - what I am saying is that a little actual research goes a long way....