GE Aerospace (GE)

[Prudent Capitalist]

And I understand your point also. What you are correctly pointing out is that, if one starts investing in a stock through a DRIP plan and, in addition to reinvesting the dividends free of charge, also invests the same amount of new funds in the shares of the company each month over a considerable time, he will amass a large block of shares using dollar cost averaging, such that when the market and price of the shares is down, he will accumulate more shares with each equal investment, and will end up well into the green over time. I get it. Smart play.

The unique aspect of GE right now, is that it used to trade in a range of around $36 - $54, and many of the investors who amassed a lot of GE shares at those normal levels of old, have likely struggled to get back to even or into the green. Od course, anyone who has jumped all over GE with initial positions down in single digits or the teens in the last 8-10 years is well ahead of longer term investors. But, anyone who invested heavily around the time Jeff Immelt took over will tend to be a bit disgruntled with the performance of the share price over his tenure vs. GE's share price performance in the decade before Immelt took over.

GLTA