GM
General Motors Company
stock NYSE

Do you remember the Great Recession? Too young?
I had finance professors back then openly debating if the US financial system would exist by the time I graduated. Societal collapse was imminent. Everyone was laid off, losing their life savings and homes, pulling money out of banks to bury in their back yard. \~5000 Americans committed suicide. Director of the Fed, Ben Bernanke, was publicly announcing we were heading for a decades-long Great Depression 2. My 70-year-old neighbor came out of retirement because his nest egg was gone, got a job with GM, only for GM to immediately go bankrupt.
If you don't remember the apocalyptic talk and headlines back then, I'm guessing it's because you were still in diapers. Or alternatively need to take of one those memory tests the President likes to brag about.
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The nation can be in a social decline, moving in a direction antithetical to your ethics and lifestyle, without being in an economic decline. Imperialism is very profitable, see the British Empire under Victoria. So is destroying the planet, eliminating all safety regulations, and encouraging corporations to bribe public officials. Legalizing slavery would spike the Dow to new ATHs.
Being a successful investor requires separating your investing strategy from your personal beliefs. Nobody cares when you HODL a losing position because it's the right thing to do.

Yeah man I hope the Dolphin's new GM drafts some players worth a fuck this year. Chris Grier can eat my entire asshole.

Mary and GM led huh. Who got bailed out by the govt again ?

1. GM did go bankrupt. But maybe that's not the right analogy, the model T isn't serviced by ford dealerships anymore might be a better analogy. That's barely an 80 year time horizon though.
2. SPY was set to liquidate when some randomly selected US citizens passed away. I don't remember the full details, but ETFs are a pretty recent development so there isn't a lot of historical precedent.
> I think most people should just do the simplest thing though.
That's fair, they're totally commoditized and all with the same underlying index and expense ratio now so I don't personally see a downside. I don't mind the minor inconvenience of summing up the balances when rebalancing.

I think the comment is mixing two different probabilities here
1) Probability of a company like Vanguard or Schwab going under. Such an event itself has a very small probability given the established nature of these companies in their sector. For comparison, think GM, Ford for cars, Citi, Chase, BoA in banks, United, AA in airlines and so on. All have been around in some form for a very long time. But I get it, shit happens.
2) The probability of ETF being liquidated when #1 happens. ETFs are already separate legal entities from their parent companies with an independent board of directors. If Vanguard was to go under, a much more likely outcome would be transfer of management to Schwab, Fidelity, Black Rock or someone else. If all of them go under, well, we got bigger problems. Liquidation is a more likely outcome for small, unpopular ETFs - none of the Bogleheads recommendations would fall in that category.

If it makes someone truly sleep better at night knowing that their money is split across 3 different ETFs doing the exact same thing, sure, go for it. I think most people should just do the simplest thing though.

I'm inclined to agree - mostly on the marriage made in heaven - especially given Nissan's GM quote on Luminar being superior -sigh-.
That said - based on the comments about commercial readiness, I'm leaning toward Iris being the initial rollout with later adoption of Halo. Unless Halo is further along than we know.
Either way, if the Nissan deal alone is saved, this acquisition pays off big.
HAB

I’ve been investing since 2022, but not very seriously. I originally invested 2k of extra money I had-half in solid companies, half in penny and meme stocks to learn the error of my ways.
Now Ive dumped chasing short term gains and have a nice little portfolio with etfs (vti, etho) and a few engineering and health companies (GE, BSX, GM) all of which have some steady growth.
My strategy now is to just set up an automatic investment each paycheck rather than have a savings account. Think $50 in each stock twice a month. I’ve got a rainy day savings for family emergencies but most of my savings is in the market. I figured keeping my savings in sturdy stocks and etf might be a better strategy long term that stagnate in my savings account.
Good idea or nah? Everything is automated so I’m tracking for dips or anything like that. Seems like it’s working so far but have heard it’s a bull market.

Or in 2017 when he called the dude a pedo.. that was the end of Musk for me personally. Ford or GM should have bought Tesla in 2019 when they were in serious trouble.

Ford, GM. But seriously, buy puts afterwards.

GPC is spinning off MOTION, not a stock split. I was thinking why would a stock split hurt it and why did it do a reverse split.
If you own a GM car, you should own GPC.
I own a 1957 Chevy Belair Convertible.

Someone with the initials GM bout to be found dead in their cell