If Congress likes these Stocks, so Should You

Corruption

Wonder what your Congressmen are trading? They certainly aren't working together or helping the U.S. economy. They are however buying stocks and you should know which ones. 

Last week the Godfather of financial blogging Barry Ritholtz put out a great article that listed the top 10 holdings of our U.S. Congress.  Making the top 5 were General Electric (GE), Procter and Gamble (PG), Bank of America (BAC), Microsoft (MSFT), and Cisco Systems (CSCO).


 


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Fellow Masters, we recommend you read the article for yourself as we don't want to take away from Barry's well researched and hard work.  Here's the link to his site.


We say, if you can't beat em', join em'.  As long as our elected officials have a vested interest in these companies why not jump on the bandwagon.


Making the cut at the No. 1 spot is General Electric (GE)


Members invested: 75
Total value of holdings (max.): $11.41 million
Total value of holdings (min.): $3.58 million


Top Congressional Investors
Darrell Issa (R.-Calif.) – $1 million to $5 million
John Kerry (D.-Mass.) – $616,004 to $1.315 million
Michael McCaul (R.-Texas) – $400,003 to $850,000


To view the entire list and see who's holding what visit Barry's site - click here>>


ge


source: http://www.ritholtz.com