GE

The_Stein_Lives

History has shown moats can be created. That's why there's hundreds and thousands of non-FANG companies worth $100mm - $100bn on the stock market. Ease of use and software matters. That's why the iPhone is so popular. ZM / PTON / ROKU have optimized software in a simple way that matters and will endure. That's why there's more than 1 company in the world. That's why a venture ecosystem exists. Boomers like you probably just invest in GE and sit there for decades.

kegger79

The problem with this is Dotcom didn't end in 01, it was near the end of 02 and down 80% at the low. Many companies, ipos or even existing ones went bankrupt totally disappeared. In the Financial crisis, it didn't end in 08 it bottomed March 09. Again companies went bankrupt or were bought for pennies on the dollar and merged into another. Look at Lehman Brothers and Bear Sterns. When the next event occurs for whatever reason. There's no way to know with certainty who survives or who doesn't, or how long that recovery takes on an individual sock basis. To your point the broad indexes will continue higher after such sell offs. Companies not leading anymore are replaced by new market leaders whose revenues and earnings are growing vs ones that are stagnating or declining. Think GE or ATT vs AAPL or MSFT. Money has time value if you sit on large losses it takes multiples of returns to get back to even vs lower digit multiples only taking lower percentage returns to do so. A 10% decline takes just 11%, a 50% decline 100%, an 80% decline 500%. This is the fallacy and reality of holding large losses. The exception of course is dollar cost averaging continually in any number of etfs or index funds. They most like won't go away unless the whole economic system collapses.

Goatey

Best and cheapest mistake: Bought AWNE in 2008 or 2009 for 40 cents. Back when penny stocks were a thing. Even the guy who suggested it who was a trade said "I told you to watch it, not buy it." It went to zero within a few weeks. I bought 40 bucks in shares. That was the lesson to not buy on pure speculation. I've purchased other things with speculation in mind (uranium investments in 2015ish, GE a few years ago when it was cratering) but those were either small profits or losses. Now I don't do any speculative bets. At worst I'll buy broad market ETFs or Blue Chips during down markets.

JGWol

Your argument only works if every person drove an EV right this second. Than yes likely the US infrastructure will suffer. But they can’t and won’t. It’s going to be an adoption process that happens over 20-30 years. Anyone buying stocks in ICE companies or oil for that time frame is stupid. My thesis to you is that these companies prices are being pumped artificially to drive retail to liquidate the bags of institutions while they pivot into EV and clean energy companies. They’ve tapped the well of Ford, GE, Exxon, etc.

farmercurt

Bad Investments: College diploma, CLOV, WKSH, GE. My personal lesson, use stop loss. Good Investments: Living Life, Black market cannabis, ETH, tools that build things, girlfriend.

ZeMole

Let’s be real, they have no culture. After the whole “tellers opening extra accounts for people without their knowledge” scandal it became apparent that this company is no different than GE in the early 2000s. They value a good report over all else. It’s kinda sad in a nostalgic way. The name itself is an American institution. But the company is just a giant machine feeding on its own exhaust. The Wells Fargo brand itself is likely strong enough to recover and thrive, but, much like a forest of diseased pine trees, it’s going to need to be burned down before it can recover.

tdm121

You might be able to do better than this; but I vote for 100% in VTI+VXUS (whatever percentage you feel comfortable). Sounds like you are a long-term investor. -Over 20 year horizon: very few can beat the index: (https://www.spglobal.com/spdji/en/documents/spiva/spiva-us-year-end-2020.pdf)...I know some large cap growth fund can beat VTI; but that wouldn't be a fair comparison. to be fair you have to look at large growth index...over 20 year time period only 3.54% beat a large growth index (ie. VIGAX) -individual stock: i suppose 10% is not a big deal: won't make or break portfolio...but if I were to tilt to these tech stocks, then I would just do 10% QQQ (so 90% VTI/VXUS + 10% QQQ). Stocks come and go. in 2001 (20 years ago: GE was the #1 company: (https://etfdb.com/history-of-the-s-and-p-500/#2000) only MSFT remains in the top 10 in today.... -Sounds like you are financially secure...set it and forget it: and spend the time with the people you love and do things you love to do.

TheNewOldGlobal

Be cognizant of the news that companies put out. It may not be during earnings reports. For example — I bought ford when I saw the prototypes for the Bronco. It wasn’t released, but I thought it’d be big. I bought Nintendo years ago before the Wii was released by seeing an news article that mentioned they acquired a company with patents on wireless motion sensitive controllers, which ended up making it into the Wii and was a huge differentiator for them. And also look for info in earnings reports too. CCL I bought in December because they had a great quarter and mentioned how much their cash burn and liquidity were. And so between the increase in revenue, cash burn, liquidity, I bought (quite a lot) because I think 2022 we will shake a lot of the Covid issues. I’m also buying certain companies because of legislative actions and changes in markets. Example: the switch to electric cars and the new infrastructure legislation will create new opportunities for companies like GE, Siemens, Duke Energy. So — in summary — find good companies you believe in and you believe may be under valued (due to market conditions, lack of recent compelling news, or future trajectory). Watch news sources for news on new releases, break throughs, legislation, or future product. Think through downstream effects of things and the companies that supply bottlenecks. Buy when your gut says to buy. That’s worked well for me.

MasterDebator691269

It’s not really my job to predict who will buy their cars. All I care about is price and there’s no argument you can make to justify Tesla’s price. None whatsoever. It’s a battery company? Okay then when exactly will they supplant GE? When will the renewable energy grid become as dependable and the carbon-based energy grid? Can Tesla fend off military grade hacks from Russia, China, North Korea and Iran? They can’t even keep their cars from killing passengers in and outside their autonomous cars. Elon Musk isn’t a god and if he is, he’s more of an Icarus

Seatown1983

Yeah, I really don’t get this sentiment. Would you rather own MSFT or GE in 90, people would call you an idiot for saying MSFT. Would you rather own F or AMZN in 98, people would call you an idiot for saying AMZN. This temporary rotation of Tech is that, temporary. I’d rather take a hit and be invested in the electrification of the grid, have exposure to crypto, cyber security and the so called meta verse. Everyone excoriating Cathie and “stocks that don’t make money”, let’s see where you are in 5-10 years

SgtPepperAUS

I know why you say it’ll moon, but it shouldn’t make a difference. GE recently did a 10:1 stock consolidation. Nvidia and Tesla just have a less thoughtful shareholder base

ShiftyMN

Some of the options were jumping around at the end of the day it should have been higher. Good liquidity in all my options. I was nervous about the low Disck options volumes but it wasnt a problem. Sold high bought more. GE WFC alight. I bought some debit spreads for amazon next week. Next week should be killer. Who thinks im losing all my money this week? Like i mentioned last week AT&T, DISCOVERY, FORD. GOLDEN DEBIT SPREADS. GE, WFC keep an eye on Amazon did hardly move all last year. I expect it to make all the gains fast

stankdiggy

I had the same thing happen with my GE calls. I called my broker (TDA) and long story, short... Tough shit. Complete loss.

labradorstock

GE saved me again!

fireloner

If you read about 1920s investors you'll find out they were just like us. Overvaluing car companies, borrowing on margin to buy stocks. It was like the current environment and the housing crisis rolled into one though. Banks could borrow from the Fed at 8% and make margin loans at 12.5%. Accounting at the time considered stocks to be top-tier collateral because they are easily sold into a liquid market (which makes sense until the selling starts to move the market... see also Bill Hwang). So the stocks purchased with margin would collateralize the loan 100%. It was "free money" for the banks... they got the 4.5% spread and could in theory sell the stocks for 100% of the principle balance. (Because stocks never go down!) Once big companies got wind of free money, they started doing it too, so you had random widget manufacturers making margin loans by borrowing from banks at 10% and loaning it out at 12.5%. This was like GE doing mortgage finance before the housing crisis. The people borrowing on margin were using it to buy stocks. Since everyone was borrowing on margin to buy stocks, stocks kept going up, which made everyone eager to get more margin and not care what interest rate they were paying. Doesn't matter if you are paying 15% interest on a margin loan if the stock you buy with it goes up 50% in a month! Interest rates on margin loans kept going up due to demand, which made banks eager to extend more loans because the loans were "risk free" and no one was defaulting. A nice big cycle to the upside. Then the market ran out of buyers and started to go down slowly. People got liquidated, which resulted in banks selling the collateral, which drove the prices down more, which liquidated more people, etc. New people stepped in to borrow more and buy the dip, and things spiked and everyone sighed with relief and sold what they could, which drove it back down. Eventually, everyone that borrowed was bankrupt and all the banks and companies that loaned out the money couldn't get it back, so also were also bankrupt. And thus the stock market destroyed the real economy. Nowadays, the Fed steps in and gives all the banks and companies that made bad loans free money in order to "save jobs" and tells them "don't do that again" and we all swear we won't and the real economy is not destroyed. Then 10-15 years go by and all the people that fucked up are older and wiser but there are a bunch of new young people (working at the banks and also borrowing on margin) that never went through it last time and think they have discovered free money and the cycle repeats. Eventually the old "wise" people get jealous of the young people making so much money so they forget what they learned and jump in at the top and everybody congratulates each other right before the shit hits the fan again.

labradorstock

GE

peter-doubt

2008 was high stress. But high opportunity, too. Once the Auto companies went bankrupt (Ford didn't, but they were heavily in debt) you could discount the poor ones I bought ford and rode it from 2 to 12. Just a few hundred, but a nest egg for my IRA. A month later, got GE.. rode from 7 to 25. Never close your eyes because ... Fear. . But don't grab for the falling knife (GM was that, then)

VisualMod

>\*GE SUSPENDS VACCINE-OR-TEST REQUIREMENTS AFTER SCOTUS RULING $GE ^\*Walter ^Bloomberg ^[@DeItaone](http://twitter.com/DeItaone) ^at ^2022-01-14 ^11:28:55 ^EST-0500

D-Squared42

I will never not hate my grandmother's family for pilfering her house after she died (she once told me she had almost $1 million in GE stock cuz my grandfather ad worked there for 60 years) even though my father was supposed to get everything in the will. That doesn't even count that they convinced my grandmother to sign over the house itself to them even though every single one of them had at least 1 house already. They absolutely hated my father cuz they were "old school" Italians and my father was adopted, which they didn't approve of. Here's the kicker tho, out of everyone who was alive at the time, my father was the closest to being full Italian. All of them were conceived and born in the US, my father was conceived and spent 8 of the 9 months his mother was pregnant in Italy. Like had it taken a bit longer for them to move here he would literally have been Italian.

chikenbeer

Top S&P Holdings in 1999 GE, XOM, PFE, C, CSCO, WMT, MSFT, AIG, MRK, INTC

FullCopy

It doesn’t get more boomer than that. Maybe some GE?

Vladstanpinople

It's hard to go all in on anything these days. GE in 2008 was something I went all in on and was worth it. Never again tho.

labradorstock

Is GE having a split?

labradorstock

GE is the only thing saving my ass this week.

deepfield67

Yeah I think that's a good point, too. I'm not sure it would be reasonable to just expect idealistic companies to replace the old guard. What's more realistic is using the market to incentivize the old guards development into "healthier" practices. I really like F and GM moving towards EVs, KFC partnering with BYND, GE developing green energy, stuff like that. But I'm no expert, there might be good arguments for simply replacing the old guard outright. It just seems more realistic to make "doing the right thing" more profitable, where possible. If there's hope for capitalism, it almost has to be in our ability to use the market to encourage companies engaged in unethical or environmentally harmful practices to operate in a way that doesn't pose an immediate danger to us and our planet. Always curious to hear the opinions of others, though. This is something I constantly wrestle with as an investor.

Ma5terplanner

Very exciting times ahead for RR. They've been tasked with basically sorting out the UK's energy issues - we need to stop buying all of our gas from Russia. So they are building 12 mini nuclear reactors around the UK. They also build the best aircraft engines in the world and they are one of two companies that can build aircraft engines for large planes (RR and GE). They have also developed an electric airplane which they have a built prototype of. On top of that they build incredible cars which is a side of the business that is doing very well. Yes they have diluted the stocks somewhat but still a steal at those prices I reckon.

animositisomina35

If they have the fundamentals to back it up, sure. But most cult stocks are drawing people because of short interest, and if a stock is heavily shorted then there are usually major issues with the underlying company. I didn't realize that BA and GE are cult stocks. I wouldn't touch either given all of their problems.

Joeyjackhammer

F-35 engine is a collab between GE and RR. Also in the consortium to make the EJ200 for the Eurofighter Also got the contract to upgrade B-52 engines. They make A LOT of jet engines still

szaero

GE? Might as well invest in the Dow Jones Index

Newhere84939

Are cult stocks really that bad? Wouldn’t you want to buy something a lot of people like, like DIS, BA, GE…?

diamondsyn

Commodities price rose sharply over 10 years. Energy GE rose sharply over those 10 years. Unless we have another lockdown it’s not going to happen. 2008 you could buy a million dollar house working Taco Bell. You look at Citadel, Jane Street they always short positions but they’ve been shorting since 2014 and it’s their largest position.

diamondsyn

Probably law. I know a few lawyers who are 8 figure millionaires but it was luck dcaing GE for 30 years when it was a few dollar. It’s kind of sad when your all in on one stock especially GE. I buy high conviction plays but sell it into a index fund.

bananachowski

Which brings me to GE's new Trivection Oven

ryin_matiaz

Ahh someone else smart on the sleeping giant GE

FallujahVet

Here's a sea shanty for staring at ThinkOrSwim charts. Clear away the track and let the Bull-gine run! Let's go General Electric $GE. https://www.youtube.com/watch?v=gAtMan8mNzM

Vast_Cricket

I lost no less than 5 times last several years hoping GE will turn around. Jack Welsh, neutron Jack who fired every third loyal lifelong employee to take jobs offshore to save a buck or two did so much damage to Corp of America even today. Big Blue, General Motors all suffer from infrastructure top heavy problems. That is why a rookie like Tesla can beat all its competitors.

VisualMod

>Coverage initiated [discord.gg/aKFv9ehGuj](https://t.co/HsvywOztkC) $MMM $GE $JD https://t.co/w48fE38CMK ^\*Walter ^Bloomberg ^[@DeItaone](http://twitter.com/DeItaone) ^at ^2022-01-11 ^05:55:38 ^EST-0500

elvenrunelord

She's not wrong but it does not matter. The market is no longer ruled by rational numbers, its all about consumer sentiment and stocks are bought by...wait for it...CONSUMERS. And EV's are a hot topic for those with money to burn in their pockets. ​ She can say what she wants, sentiment traders already made a killing off Ford, GM, and GE in the past 2 years. Hell, a person could retire off the returns from GE had they bought the farm in early 2020.

aisleorisle

You mean the same RC who tweeted his only 2 options were hold or hodl? Also, their concept stores which their SMRT team tweeted about dabble in esports and in-store gaming. I have pretty good faith in RC. I've seen what bad boomer management looks like ie. $GE (fuck them) and RC isn't it.

aisleorisle

"Never regret money made. It's money you didn't have before." Is a mantra I always lived by. However, with all the volatility its been having on a quarterly basis, how did you not make more? Also, my biggest gains which came from MRNA and TSLA were all waaay more than a year hold. Except GE. My longest hold and biggest loser. Fuck them. Never bet on a company with bad management.

CentralParkway

Jesus both those balance sheets are awful and riddled with debt. How are these value stocks? Rising rates are going to crush them. What’s funny is that many of the growth companies getting crushed have healthy balance sheets. Look what happened to GE because of their debt issues…. GM and ford balance sheet looking worse than GEs

JRSelf00

GE 😛

Bman409

Most all companies rise, peak and decline.. the time frame varies. The indices are adjusted to add the strongest growing companies and trim out the dying stuff here's a look back at the Dow Industrials https://en.wikipedia.org/wiki/Historical_components_of_the_Dow_Jones_Industrial_Average anyway, companies rise up...peak and decline.. very very few continue to adapt and keep climbing. The indexes, however, are supported by the Federal Reserve. The Fed watches the S&P 500 and will step in if it sells off not so much for an individual company ..(unless you're a big bank) anyway, a cash solvent company will stick around for a long time.. it just won't beat the indices for the reasons I laid out for every TSLA there are 50 GE's and MMM's ( this Dow stock is actually lower now than it was in early 2018)

stickman07738

Also you can look at the reverse - GE, F, INTC - run ups then crash - so you must time it correctly. I actually done the same, but I put money in two DRIPs and invested quarterly for the last 20+ years - HON (diversified manufacture with good management) and KMB (you always need tissues)

_regionrat

Yeah, explains that 10bil market cap.... At least I know how Boomers felt watching GE crumble now

ShiftyMN

I see the market went down last week. Go figure. Guess it was a good idea I decided to sell almost all of my actual stock and buy all call options. The first week of 2022 it has worked out so far. The options i decided to buy. I posted a small portion of calls. I aint showing everything. I made alot on AT&T and Discovery options all kinds, debit spreads, naked calls. Gold last week sold alot. I like ford. Ive been placing debit spreads 3 weeks out on F buy a call in the money, sell a call out of the money. And i heard Jim Cramer make a comparison of Ford and GE with millennials buying. Made no sense. Ive been buying GE call debit spreads. Can my luck keep going? Long Ford, At&t, GE and Discovery. Is anyone buying Discovery or At&t options?

DrSeuss1020

I believe in this so much. I also got burned holding value stocks for years that underperformed the index or even plenty that lost money MO, GE, etc

yangerang55

20 years is a lot of change and it’s almost impossible to really predict where the world will be. As evidenced by this time-lapse post, 20 years ago no one would’ve thought GE would be where it is now. Google and Apple didn’t even really exist. Just food for thought. https://www.reddit.com/r/dataisbeautiful/comments/bv8d3k/oc_top_10_most_valuable_companies_in_the_world/?utm_source=share&utm_medium=ios_app&utm_name=iossmf

gnocchicotti

Pfft. Many of my value stocks imploded (GE, BA), others underperformed or market performed. I gave up 100% on trying to pick value and dividend stocks. I go index fund only. I invest in some tech stocks I understand and have potential. Index the rest.

talm0

Lol, technology. I predicted this in ‘76 when I said “lol, technology”. Concrete and steel is what built this country, not pansexual words like Twitter, Meta, Netflix. Been investing in GE for 50 years now, up about a cool 5%.

Green_Lantern_4vr

GE turbine good for now but ya never know. Also depends on the cost and longevity.

Key-Stay5558

sometimes things go down and you feel remorse for not selling! (GE stockholder for 1999 to 2020)

BrainyRedneck

Emerson . Westinghouse. Mitsubishi. GE. Kenmore. These were all tv manufacturers from the days of CRT tube televisions. They went away once LCD televisions went into production. CRT TV's and LCD televisions both show pictures and make sounds so they both do the same thing, but they are built, operate, and produce results completely differently. To assume that a company like Ford, that is attached at the hip to gasoline engines, will be the one that's successful and the tech companies that focus on the actual tech that will be required to make the next evolution of automobiles will fail seems kinda simple in thought. Sony is not focused on just making an EV vehicle. They are making a total self driving vehicle that happens to be electric.

Vast_Cricket

Unsure about GE and its future growth. Can put more into VOO as it is more predicable. Rest look fine.

TmanGvl

Yup. There will be a diversification. In a decade, we should expect to these big oil stocks to separate like what GE is proposing on separating into separate tickers.

muller5113

It's a solid company with a good development in the recent years. The company underwent a lot of changes and thereby became somewhat leaner and is currently profiting from this process. They have spun off Healthcare into Siemens Healthineers a couple of years ago which has done exceptionally well since then (Siemens still owns majority stake) and they spun of Siemens Energy (Gas and Power + Wind, Siemens owns minority stake) which has done ok but is part of an interesting, changing industry. A merger of their train business (Mobility) with French company Alstom fell through due to regulatory concerns so the main company is now focused on Mobility, Smart Infrastructure and Digital Industries and they have good positions in the market in all of them. GE their main competitor lost a lot of traction in the last decade and is now planning to spin of some business segments as well. It is not the type of company that is talked about much in this sub because you cannot expect insane growth rates from them and you will not get rich by investing into the company. I wouldn't expect huge returns in the future and the price is currently near ATH but it is a solid company that can be used to get some diversification into the portfolio.

mr-lazy_eye

Keep Ford & GE, roll up the rest in VOO.

edblardo

AB eats their lunch on the automation front. I’ve done both. Siemens is getting better and it’s starting to not matter as much as it did, but AB really has the tech support and integration piece figured out and have for a long time. The Encompass partnership program is helping AB stay ahead on the 3rd party integration as well. As far as turbines go, GE makes a much better turbine than Siemens. The GE Mark VI DCS that comes with a F or H class turbine is inferior to Emerson Ovation.

badtradesguy

would suggest you stick with trading the spy. after the amount of time ive been doing this, risk management is everything. last year I had a play on sofi that i thought was too good to be true. 4x pay out with limited downside. basically sofi had to be above $15 by end of jan ,2023 to be profitable. It was a good bet. however, i made sure that I didnt take a larger position than what I was willing to lose on a "sure thing". nothing is a sure thing....even if you are thinking you are going to hold for 20-30 years. look at GE, sears, lehman etc....those were sure things too.

Schizofreniachloor

GE

uset223

APPS - actual earnings rising very fast. They're already profitable and looking at earning over $2 in 2023. JEF - Takeovers are just getting started. PE at 6. Pays dividends. Should do well over next few years. LYG - one of Britain's biggest banks. Trading under $3. This year will break out above as earnings accelerate due to higher interest rates and new investment banking business. MMP- 10% yield best managed pipeline in the industry. Should have a nice return this year. SIRC - solar installer. Business went from almost nothing to 100+ million in sales. They install solar roofs and build chargers. Will be profitable this year. Tesla approved roof installer. GE- finally will break out to the upside. Culp has turned this co around. My longshot is IPIX - if we get some good news on P3 trials for head neck cancer this is off to the races. 5 cent stock. Good luck to all this year.

IamDoge1

GE is garbage. There's a reason why people say "Good Enough" when describing their products. Also a reason why the Dow dropped them.

TheGlassCat

Include GE & Motorola?

MeanTechnology

I think PE and forward looking sales have on avarage moved big time already. It just that AAPL, MSFT and friends have barely moved at all so if you at avarage PE for SPY it still looks high. That said we are getting into weird place where this rotation to value is making value stock PEs too high as well. OI don't understand is why stuff like GE and T running up when interest are heading up. They are literally drowning in interest payments already. I do get why high growth goes down with higher no risk returns but why does stuff where interest directly cut future PE goes up?

_regionrat

Just wait and see, with the acquisition of Jenbacher, Transportation is going to become a solid profit center that stays under the GE umbrella for decades

KennethEWolf

Look at what we're the top stocks we're every ten years. The change is almost scary. Think that at one time the government wanted to break up GM. GM laughed at its forgein competitors. They then all laughed at Tesla. The government wanted to break IBM, which laughed at Microsoft and Intel. At one time GE was the most respected company in the world and now its splitting itself up.

Jeff__Skilling

Because Cramer doesn't move markets - he's just mentioned a lot on reddit because most posters don't have access to traditional equity research, Factset, Bloomberg, etc. Short term price movements are subject to random walks in the market. Just because you remember Cramer mentioning IBM, F, GE (^at ^some ^point ^in ^time since I didn't see any actual examples of him mentioning a ticker and subsequent price increase......) doesn't mean that he influenced price that day one way or the other. Honestly, this feels like a bunch of cognitive biases (correlation vs causation; anecdotal evidence) at play that are leading you to wrong conclusions.

_regionrat

Wait, are we talking about GME or GE like 10 years ago?

Twisted9Demented

GE also plays in wind turbines

Twisted9Demented

,$GE I think it's a Avaiation play

DrPly

100 lmfao.. go buy 1 share of GE and go away

bernie638

Why would you expect tech to continue high earnings growth? I would think that you can look at bleeding edge stuff to be just like biotech (most goto zero and a very few x1000), but for maturing tech competition will bring profit margins down to some low but sustainable level. If MSFT raises the price of office too high, I'd relearn the Corel office programs, instead MSFT office keeps getting cheaper. Tech gets cheaper over time faster than everything else. I'm telling you; I saw a 20" flatscreen TV in 1991 and it cost as much as a Honda Accord, today it 1/100 the price for a much larger TV with a much better picture. Data centers make large amounts of cash today, do you expect them to be able to raise prices even higher in the future, or do you see more companies building them and prices to come down? Cell phones prices have stayed flat in my terms 20 years ago it cost me X% of my monthly pay, same today. I think more competition is coming and they will get cheaper, not more expensive. Microchips are more expensive today than they have historically been, so the companies are rushing to build new Fabs which will increase competition and prices will be lower in the future. ​ Yes, the giant companies will get bigger, but I think it will be at a slower rate and eventually they will have the same fate as other giant companies i.e. Walmart/Boeing/GE. Look at the tech giants today trying to squeeze growth by moving into traditional low margin businesses. Why is Amazon moving to physical stores and operating a transportation company? Is Apple seriously going to build automobiles? Why is Google is selling Television programing service? These are all low margin businesses! ​ Some small companies will be wildly successful, but most will fail, even some that looked really good for a while same as it ever was, see Silicon Graphics Inc./Palm inc/Commodore/DEC and on and on and on. ​ Would you believe that in the 60s and 70s it was the giant blue-chip stocks that had wildly high multiples? True! that's where everyone wanted to put their money because they were profitable and safe, and "always went up" search Wikipedia for "Nifty Fifty". People then wouldn't pay much for small companies because most of them fail. I can't find the statistic but there is some high percentage (I remember it being 70%) of companies that grew big enough to get added to the Russell 2000 that had a crash of >50% and never recovered.

NrdRage

I'm not sure if it's the oldest (if I had to guess the oldest, I'd say it is probably Mellon), but I know Proctor & Gamble has been on the market since 1837. Another oldie that I sometimes play would be GE, which IIRC was 1896.

the-mangolorian

Keep FB. All these newb ass “investors” joined in 2020 flooding it with terrible ideas. People saying the only thing FB has to offer is oculus and selling is for MSFT is a sign they are following the heard. Following the herd is chasing, I’ve made more money buying and sticking with things through ups and downs. Keep all you have. Forget NIO and GE. Buy what you use daily…if you want you can diversify into different types of tech like msft or APPL or payment like visa or MasterCard. Stay away from healthcare.

TarondorIX

Probably stop betting against GE. It’s selling off its divisions and streamlining.

outofkiszek

GE killed my calls with their reverse split last year. Might take a look into that again.

PizzaBuffalo

You could consider one of these two ETFs: [https://www.invesco.com/us/financial-products/etfs/product-detail?audienceType=Investor&ticker=XLG](https://www.invesco.com/us/financial-products/etfs/product-detail?audienceType=Investor&ticker=XLG) (top 50 of S&P, from Invesco) [https://www.ishares.com/us/products/239723/ishares-sp-100-etf](https://www.ishares.com/us/products/239723/ishares-sp-100-etf) (top 100 of S&P, from Blackrock). This one is a lot larger than the other one, but the first one better meets your preference. Note that since both are market weighted, they contain more of the bigger stocks, i.e. for the Invesco one, it contains top 50 largest companies in the US, but the top 5 companies (Apple, Microsoft, Google, Amazon, and Tesla) comprise 42% of the fund's value. This is true for the regular SP500 as well, if you just buy a normal $VOO or $SPY, about 1/4 of your money is invested into these companies + Facebook. ​ However, I disagree with your premise that bigger is better. Historically some of the largest companies by market cap in US have been GE, Cisco, Intel, Exxon which have all fallen from grace. You are kind of going against the adage "Buy low, sell high" because you are by default buying the highest price stocks. Now that might be ok if you have conviction in them, but being big alone isn't a great reason. As an example, some investors actually stray away from investing based solely on market cap. For example, Research Affiliates has some indices based on non-market cap factors to avoid that bias: [https://www.researchaffiliates.com/insights/smart-beta](https://www.researchaffiliates.com/insights/smart-beta) But they charge higher expenses and aren't necessarily any better. I'm not recommending them, just providing a well reasoned contrarian viewpoint to yours for consideration.

Wundei

On the shares side I'm pulling everything towards companies too big to fail. I wish I had held onto the shares I liquidated in companies that squeeked through 2008 like GE.

Dowdell2008

I don’t know how much you have invested already but maybe open a position in an index fund and let that grow? With that even when it is down you know long term you will not lose your shirt. You can always wait out the crash/decline and index will eventually go up (even if it takes 10 years). You can’t you “time in the market…” with individual stocks. They can go bust any day. Look at GE for example. Or Sears or Kodak. You could be DCAing your entire life into those and nothing. Indices are different. So I guess I am saying your long-term investments that you will not be using should be in something more diversified like VTI. Keep some limited amount for swing trades if you want.

Few_Dirt_8665

yeah so I DI because of this... 1) I've got a handful of single name positions that are sitting on huge capital gains... DI enables me to diversify with further increasing exposure to them 2) there are a couple companies (old titans like Boeing or GE, etc) that I think are just dead weight in the index. They are a drag and I don't want to own them so I cut them out. 3) there are a few companies which I just don't agree with morally. Oddly, I'm ok with oil companies more-so than I am with FB... but that's just me. Let me express my opinions :) The players that you mentioned are all geared towards advisory relationships. I looked at OSAM... they won't sell to me. I need to have an advisor and go through that person and sorry... but I'm a self-directed investor. There are some new players in different geographies looking at this for direct-to-customer. Pebble in the US. Passiv in EU. I vaguely recall one in CA but I'm lapsing. Anyway... I think this is indeed an interesting space and will be cool to see how it develops. I'm a big proponent of passive investing and DI enables me to be passive-with-opinions.

cryptohorn

campbells soup? Ford? GE? wtf is this, a geriatric ward?

sirdizzypr

yea but cmon dear lord you give me 40k to play with and my ass ain't sitting her broke as shit. Only times I have failed is following trends like GME and I learned my lesson after taking a loss there and haven't repeated it. I am sick with selling early a few times I was buying ford at $4 a share and GE and $5 a share and sold both way way way too early, I also was buying BTC at 5k. All my GE, Ford and BTC got sold last year for the downpayment on my first house so it wasn't a total loss. Difference is I take a win all three of those were wins, sure I could have had much bigger wins (BTC I sold at around 20k making 4x, GE and Ford were only 2x at around $10). I am still sitting on some crappy Nokia though thinking 5g would propel it though.

VisualMod

>GE RESEARCH AWARDED NASA GRANT TO DEVELOP HIGH TEMPERATURE SOLUTIONS TO ENHANCE MISSIONS TO VENUS $GE ^\*Walter ^Bloomberg ^[@DeItaone](http://twitter.com/DeItaone) ^at ^2022-01-05 ^08:52:57 ^EST-0500

LandedNY87

I always lost money following Jim Cramer recommendation. He recommended to buy GE in 2007 after market crash pointing GE is a bargain at $48.00 that time. GE went further down to $8.00 in 2 years…