Sniffed Links - 110 Years

General Electric stock was removed from the Dow Jones Industrial Average (“the DOW”) this week. This marks the first time in 110 years the ticker symbol GE will not be included in the index. This comes after losing 50% of its value last year and another 25% this year. How did this happen. Basically while other companies were increasing their cash reserves GE was building up massive debt. This is an example of why buying individual stocks doesn’t work out well for the average investor. As diversified a company as GE is one would think it would be a “safe” bet compared to other stocks. Not the case.

Just a couple links this week…

Why to Keep Your Inflation Anxiety in Check

GE Kicked Out Of The Dow