Msg. 38309 of 58654 (This msg. is a reply to
38282 by
Decomposed)
Jump:
Decomposed > There's nothing unethical (that I know of) about investing in PG&E. And it was and is obviously going to be profitable. In another few months, I may be able to take my original money out and continue the ride for free.
Californica has a nasty habit of bankrupting its power companies.
As you say, you believe you will be able to get your original money back out in a few months. . . I would strongly suggest you do so. And be ready to get the heck out at the first sign of trouble.
Me? I am still a 'buy and hold' kind of guy . . . I'd like to be able to buy and hold my power company stocks for the rest of my life . . . Unlikely to be successful that way in californica. (Again, my opinion.)
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