What Does GE Mean For Us Today?
For people who owned the stock, not much immediately. The damage has already been done. For the rest of us, it should mean that we need to keep an eye on our investments and make sure we understand them. GE moved from a world-beating company to something different. It took markets—and investors—quite a while to understand that.
Don’t be caught by surprise. Pay attention to what you own and what is really happening. That is what we do here at Commonwealth every day. If you do your own investing, it is what you need to do as well.
Brad McMillan is the chief investment officer at Commonwealth Financial Network, the nation’s largest privately held independent broker/dealer-RIA. He is the primary spokesperson for Commonwealth’s investment divisions. This post originally appeared on The Independent Market Observer, a daily blog authored by Brad McMillan.