Why GE Stock Got Booted from the Dow
GE stock, the Dow Jones Industrial's oldest member, has been kicked out of the hallowed index. Does that make it untouchable, or a sneaky bargain?
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GE stock, the Dow Jones Industrial's oldest member, has been kicked out of the hallowed index. Does that make it untouchable, or a sneaky bargain?
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Dow 21,000 is getting a lot of ink, like when the index topped 20,000 in January. But it doesn't mean you should passively invest your money in the index.
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Statistics are like mushrooms; you'd better be pretty darned careful which ones you swallow. Specifically, I have in mind the statistic that shows that September is the worst month of the year in which to invest.
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I don't mind telling you that these are scary and depressing times for investors. One wave of bad news no sooner breaks over us than another one--even bigger--appears. The American banking and auto industries are circling the drain, and the Dow, which was spitting...
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