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Even if GE does poorly, Buffet will still get his dividend. Also bear in mind, dividends paid by most corporations are taxable as long-term capital gains as opp
by deepster 18y ago
Even if GE does poorly, Buffet will still get his dividend. Also bear in mind, dividends paid by most corporations are taxable as long-term capital gains as opposed to income tax.
All in all, a solid bet by Buffet. Perhaps it's time to investigate Berkshire Hathaway stock.
- pchristensen 18y ago" Perhaps it's time to investigate Berkshire Hathaway stock." We had a stock picking game when I was in elementary school. I won by picking BerkHa because its price was higher and it moved a lot more. I only had 2 shares but I outperformed everyone who had hundreds or thousands of shares of other stock. I thought it was fun and told my mom we should buy some BerkHa but she said the stock market was gambling. 1989 price: 3700 2008 price: 137,700 % increase: 3700% Tears: Many
- netcan 18y agoIf you can afford the buy in. One share or two?
- deepster 18y agoYou can buy the Berkshire B stock (BERK-B) which are more affordable at $4500 per share.