Wednesday, January 2, 2019

Amazon and Microsoft set to soar this year: Motley Fool

I noticed this year Microsoft  had gone way up as opposed to General Electric which had gone way down in value so many people are selling (or have sold already General Electric stocks). A relative of mine had invested about $50,000 in the 1950s into General Electric and by about the year 2000 it had been worth about $3 million dollars. Since then the relative diversified into many different stocks (which is a good thing (because GE got caught too deeply invested into bad loans during the Great Recession) and hasn't been able to pull itself out of the "Bad Loan" hole even now. But until around 2006 or 2008 it was a really great stock to own up until then.

Now it appears that stocks like Microsoft and Amazon are the ones to own and Apple (without Steve Jobs) is starting to falter some now that he's been gone for awhile. Because he was always the creative genius (along with Steve Wozniak) that made Apple the amazing thing it is today. I think Steve Job's most amazing invention was the Smartphone Iphone which changed the world in unlimited ways and is still changing the world at breakneck speed faster and faster each day.

The only question really is: "Can the human race survive the pace the smartphone has set for us all?"

This is a very important question and I don't have the answer at this point.

Here's my caveat to Microsoft and Amazon: "Watch out for what the Trade War(s) do to the world economy. It's also possible that no company (even in tech) can do well in 2019 or 2020."

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