By: Dividend Sensei
The epic fall of General Electric (GE) is one of the most severe cases of shareholder wealth destruction in corporate American history. Once worth over $600 billion this bluest of blue chips (and a dividend aristocrat to boot) is now worth just $88 billion. That means GE has erased over $500 billion worth of value, a figure that’s greater than Facebook (FB) is worth today.
Let’s look at three essential lessons the collapse of this venerable blue chip should teach all investors about protecting their hard-earned wealth…
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