3 Essential Lessons From the GE Disaster

Posted On November 1, 2018 12:46 pm

GE Company

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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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Dividend Sensei
Dividend Sensei

I'm an Army veteran and former energy dividend writer for The Motley Fool. I currently write for both Seeking Alpha, Simply Safe Dividends, and DividendSensei.com My goal is to help all people learn how to harness the awesome power of dividend growth investing to achieve their financial dreams, and enrich their lives. With 22 years of investing experience, I've learned what works and more importantly, what doesn't, when it comes to building long-term wealth and income streams. I'm currently on an epic quest to build a broadly diversified, high-quality, high-yield dividend growth portfolio that: 1. Pays a 5% yield 2. Offers 7% annual dividend growth 3. Pays dividends AT LEAST on a weekly, but preferably, daily basis

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