I saw this a few days ago. It takes the bottom 282 companies from the S&P 500 market caps to match the 5 on the right. Sort of interesting from a diversification perspective. Especially since the 5 companies move with tech generally
It's hard to argue with results though. Microsoft did good last week and alphabet/goog just beat analyst earnings expectations by 23% today
Wow-talk about income and new worth disparity :-):-):-)
Those top 5 need to give some money to the bottom 233 and make things fairer. [Reply]
I was looking at V and PYPL earnings reports before I left work. It'd been a good day. Got home and it was like, :o everything is down! Facebook was down 10% then their conference call started and it sank like a rock. Sympathy selloff in after hours cut off half my gains on the day
I was walking to sneak out early today when someone stopped me and pulled me into a meeting :-) Got into the end of the paypal call once home but missed most of it. Will have to wait for transcripts to release. Tomorrow is real busy with a lot of significant companies too [Reply]
Originally Posted by Rain Man:
This GE stock is killing me. Anyone following it closely enough to know if they're going to keep going down and/or if they're going to keep their dividend? They cut it in half last year, but it's still decent.
I don't lose the money until I sell it, and if I can keep the dividend I'll just wait it out (assuming the company survives).
Yeah, I hear you. I bought GE in 2008 and figured "It's GE! It will always "win"!
Down 35%. I imagine I've made a fair bit of that back in dividends over the 10 years, but it still sucks and I've been riding it down into the fire, and probably will continue to do so. Fortunately, it's not that much.
I made the same "It will always win!!" decision to buy Goldman Sachs when it dipped during the financial crisis. I think it was around $100/share. That worked out so good I sold when it was up to like $15 oor something, and it's been over $200 for a while now. And it pays a dividend (a measly one, but still). Brilliant! :-/ [Reply]
You know what -- 10 years is enough time to ride a broken horse. I'm selling. All whopping 45 shares! It's in a retirement account with nothing left but two mutual funds and GE. Time to ditch the GE. Thanks for spurring me into action. [Reply]
Originally Posted by :
J.P. Morgan shared the latest performance data with its clients, revealing only 41 percent of active fund managers are beating their benchmark year to date versus 52 percent last year in the same time period.
This was supposed to be the year! Volatility is back, gonna be a stock pickers paradise!
Spoiler!
tbf, volatility went right back away lol
Congress has been discussing making retirement changes through a plan named RESA. It's sorta up in the air AFAIK
I know they've discussed letting small businesses pool their plans which would definitely lower fees. Also, I saw something about a tax-free savings account possibly. I wish they'd make it where you can put more a year into an IRA. Like combine the amount you can contribute to 401k + IRA and let people put it where they want. [Reply]
Originally Posted by Amnorix:
You know what -- 10 years is enough time to ride a broken horse. I'm selling. All whopping 45 shares! It's in a retirement account with nothing left but two mutual funds and GE. Time to ditch the GE. Thanks for spurring me into action.
Maybe I should do the same thing. But I keep thinking that I'm at least getting the dividend. At some point it'll rebound, right? Right? [Reply]
