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General Mills, Inc. Message Board

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  • carm19-75 carm19-75 Mar 4, 2009 2:24 PM Flag

    Where to buy?

    I just bought more at 51.50 and am prepared to get more at 50.25 and 49.50....In the end, this company isn't going anywhere and they have delivered consistent results over the long term. Reinvest the div and wake up 10 years later and enjoy how it grew. If you're looking for a short term gain, this is not for you.

    Plus, personally, I really like their products which makes it A lot easier to own during down spells like this one. I think, especially in today's market, own stuff that you know and products you believe in, not just something that a chart says you should own. Save that for some speculuation play.

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    • oh and by the way...they own PROGRESSO if you didn't know. how many people will be eating soup during a recession? exactly.

      i agree with the previous's a 1Y BUY / 5Y HOLD for sure...and reinvest that 3.00-3.50% dividend for the looong term.

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