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Personal Finance and Investing

MichMan

(15,250 posts)

6. You just don't know anymore

Reply to Frustratedlady (Original post)

Sat Mar 20, 2021, 04:41 PM

Mar 2021

Traditionally blue chip stocks were seen as safe reliable companies that had proved their profitability over time and provided steady dividends.

That may still be the case, but after GM declared bankruptcy in 2009, I was stunned as I never expected anything like that could ever happen. When I was younger their was talk that the government might force them to break up to not create a monopoly.

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How safe are Blue Chip stocks? [View all] Frustratedlady Mar 2021 OP

If you purchase a basket of them True Dough Mar 2021 #1

How do they normally act? What is different about them? Frustratedlady Mar 2021 #2

Individual stocks are always risky Tomconroy Mar 2021 #3

Ironically, I picked 3 stocks in 2019 and all 3 did well...one at over 14%. Frustratedlady Mar 2021 #4

There's a reason they're called Blue Chip stocks. PoindexterOglethorpe Mar 2021 #5

You just don't know anymore MichMan Mar 2021 #6

They are called "Blue Chip Stocks" for a reason. A HERETIC I AM Mar 2021 #7

If you consider the much higher volatility of an individual stock as compared to broad-based progree Mar 2021 #8

Some statistical guidance*: lastlib Mar 2021 #9

Thank you to all who replied. Frustratedlady Mar 2021 #10