GE is gonna make a comeback ! 🤦

jespear wrote:

slow and steady indexes - never owned individual shares....unless you count Educational Savings Bonds :)

Varies a little, but generally around -
20% bond
15% small cap
15% international
30% large cap
20% mid cap

I see no reason to mess with it at the moment...based on recent/current events...but, I know that being less than 10 yrs from retirement, I should cut the risk a bunch

dstieger wrote:

Over the past couple weeks I've watched the market bounce back and forth, some days they are big bounces and some days they aren't. The one constant though no matter what the DOW is doing is GE stock declining. Every stock I have on my watch list will close up except for GE. Not good, but the analyst are saying GE will not break the company up but rather wait out this rough patch.

shaun341 wrote:

I know that feeling, 2007 took my portfolio and thrashed it. I went in with 15K, and came out of 2007 with 3.5K I never really recovered that lost stock. Thus I learned a very hard lesson. I now put my retirement into Gold and silver. I do it after taxes so the government can’t whine about getting their portion. By the time I retire, I should be able to do whatever I want.

Cathcam13 wrote:

I know that feeling, 2007 took my portfolio and thrashed it. I went in with 15K, and came out of 2007 with 3.5K I never really recovered that lost stock. Thus I learned a very hard lesson. I now put my retirement into Gold and silver. I do it after taxes so the government can’t whine about getting their portion. By the time I retire, I should be able to do whatever I want.

Cathcam13 wrote:

GE simply got into too many different things. Wasn't their market cap at 200 billion dollars not to long ago and are now around 130 billion?

Serious shrinkage.

8trackdisco wrote:

Not sure what there cap was, but yeah it's at 125b now. I am not even sure what part of GE makes money anymore? They recently announced some huge insurance debt they have to pay and I thought I saw their energy department was failing to make money. I think they might make something in aviation but hard to say anymore. You're right, they had their hands in a lot of different areas.

shaun341 wrote: