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I'm not defending GM's policy of keeping the dividend going necessarily, (although there might be other issues with not continuing it that we are not aware of). We don't know the whole story as we do not work for GM at high levels so we can't pretend to know every issue and oversimplify the situation.
I was merely saying that buying stock in GM could be a good investment purely for the return from the dividend as long as the level of risk is taken into account.
What's interesting though is that our government has been paying what it doesn't have for many years. But we as voters don't hold them to it
Posts in this Thread:
- OT: Buying GM stock???, MI-Roger , Tue, 24 Jun 2008 09:19:54
- all 3 US will likely declare bankruptcy...., Pete , Tue, 24 Jun 2008 20:07:59
- Re: OT: Buying GM stock, BobS, Tue, 24 Jun 2008 11:23:12
- For dividends, it's a good buy, Caarma , Tue, 24 Jun 2008 11:11:08
- Only if gas $ falls n/m, DivrDon , Tue, 24 Jun 2008 10:56:29
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