Pg Stock Quotes

...it has been well said that it is precisely these moments when we are feeling that ours is the world and everything that's in it that Fate selects for sneaking up on us with the rock in the stocking.

Never mind," I said crisply. "I have my methods." I dug out my entire stock of manly courage, breathed a short prayer and let her have it right in the thorax.

I am familiar with the name Bassington-Bassington, sir. There are three branches of the Bassington-Bassington family - the Shropshire Bassington-Bassingtons, the Hampshire Bassington-Bassingtons, and the Kent Bassington-Bassingtons." "England seems pretty well stocked up with Bassington-Bassingtons." "Tolerably so, sir." "No chance of a sudden shortage, I mean, what?" "Presumably not, sir." "And what sort of a specimen is this one?" "I could not say, sir, on such short acquaintance." "Will you give me a sporting two to one, Jeeves, judging from what you have seen of him, that this chappie is not a blighter or an excrescence?" "No, sir. I should not care to venture such liberal odds.

A couple recently came to my office. Let’s call them Mark and Elizabeth Schuler. They came in for a consultation at Elizabeth’s request. Mark’s best friend was a stockbroker who had handled the couple’s investment portfolio for decades. All they wanted from me was a second opinion. If all went well, they planned to stop working within five years. After a quick chat about their goals, I organized the mess of financial paperwork they’d brought and set about assessing their situation. As my team and I prepared their “Retirement Map Review,” it was immediately apparent the Schulers were carrying significant market risk. We scheduled a follow-up appointment for two weeks later. When they returned, I asked them to estimate their comfortable risk tolerance. In other words, how much of their savings could they comfortably afford to have exposed to stock market losses? Elizabeth laughed at the question. “We’re not comfortable losing any of it,” she said. I had to laugh too. Of course, no one wants to lose any of their money. But with assets housed in mutual funds, 401(k)s, and stocks, there’s always going to be some measure of risk, not to mention fees to maintain such accounts. We always stand to lose something. So how much could they tolerate losing and still be okay to retire? The Schulers had to think about that for a while. After some quick calculations and hurried deliberation, they finally came up with a number. “I guess if we’re just roughly estimating,” Mark said, “I could see us subjecting about 10 percent of our retirement savings to the market’s ups and downs and still being all right.” Can you guess what percentage of their assets were at risk? After a careful examination of the Schulers’ portfolio, my team and I discovered 100 percent of their portfolio was actually invested in individual stocks—an investment option with very high risk! In fact, a large chunk of the Schulers’ money was invested in Pacific Gas & Electric Company (PG&E), a utility company that has been around for over one hundred years. Does that name sound familiar? When I met with the Schulers, PG&E stock was soaring. But you may remember the company name from several 2019 news headlines in which the electric and natural gas giant was accused of negligence that contributed to 30 billion dollars’ worth of damage caused by California wild fires. In the wake of that disaster, the company’s stock dropped by more than 60 percent in a matter of months. That’s how volatile individual stocks can be.