Enron making a comeback?

[Hey-O]

GE was once my largest holding.
Circa 2005-ish.
It payed a decent dividend and I sold for a modest gain when they started going south IMO.

I used it for the dividend, years ago. Applied Materials, 9 or so splits made me money. The one I had that was fun was Under Armour, when they first showed up. When the NHL, MLB and USA Baseball make Under Armour an official supplier for the organizations, the money started to flow.

 

[YY1]

Applied Materials.....symbol- "BOOM"?

Explosion welding company?

I think I had them for a while, too.

 

[Hey-O]

Applied Materials.....symbol- "BOOM"?

Explosion welding company?

I think I had them for a while, too.

Applied Materials - Wikipedia

en.m.wikipedia.org

 

[zyzzyx]

When Neutron Jack picked Jeff Immelt to run the company instead of Nardelli all of us at our GE location
started to get out of the stock slowly until the bottom started to fall out. A lot of employees said that they
were "in it for the long haul" and lost their kiester! I purchased 5k worth of GE for my two Grandsons in
2000, and 2002 each. With everything that the company has been through over the years, the oldest
one has a total of $6500.00 in his account! $1500.00 over 24 years is terrible. They both own shares in
G.E., GEHC, and GEV. Now it's finally starting to fly, but the dividend sucks!

 

[Hey-O]

At my age now, everything in life is on autopilot. It's nice to be free of the constant struggle of monitoring every aspect of my life. Screw it!!! LOL

 

[YY1]

My entire portfolio produces about 8.5% in dividends, and has for the past not quite 15 years.
Up until 2 years ago, that was about 4 times more than keeping up with inflation.
I'll take 2 rough years if inflation settles back down to 2-3%.

On top of that, some of my holdings have increased 30-40-50-70, even 135% in value.

 

[monaco66coupe]

This company shows that it is going to sell 'products' but the news clip also says they are going to also call themselves an 'energy' company....what that means is anyone's guess. Bitcoin was also mentioned.

I lost it all, well over six figures.I was employed by Enron before it was Enron(Northern Natural and Houston natural gas),and was one of the first people to begin work in the headquarters in 1986.
The criminals, or gotaways were numerous VP's that split before Enron froze all accounts!

 

[YY1]

...and then there was MCI/Worldcom...

 

[Hey-O]

My entire portfolio produces about 8.5% in dividends, and has for the past not quite 15 years.
Up until 2 years ago, that was about 4 times more than keeping up with inflation.
I'll take 2 rough years if inflation settles back down to 2-3%.

On top of that, some of my holdings have increased 30-40-50-70, even 135% in value.

My lives ambition, after family, has been to go from rags to more comfortable. LOL
To each their own on the definition of rich, it's a comfort level thing. My fathers definition of wealthy was, living off the money, your money makes. I can live with that. It's been a good year and I've been blessed.

 

[Budnicks]

I wouldn't touch that Enron stock/crap,
with all of the "you know who's tax $$$", fleecing the citizens
nope never again
the name alone makes it a deal breaker/no deal,
people would be stupid to buy...

 

[68BabyBlue]

My lives ambition, after family, has been to go from rags to more comfortable. LOL
To each their own on the definition of rich, it's a comfort level thing. My fathers definition of wealthy was, living off the money, your money makes. I can live with that. It's been a good year and I've been blessed.

Ulli, I’m always amazed how you articulate my thoughts better than I could, even after I worked as a corporate mouth piece. I went to the lab for blood work today, and gave thanks I didn’t have to fight the snow squalls that swept I-80 this morning. I share your sentiments. Oh, and the results were good.