When Apple went public, it generated more capital than any IPO since Ford Motor Company in 1956 and instantly created more millionaires (about 300) than any company in history. The stock opened at $22 on the day of the IPO and closed at $29. Over 40 employees who left work at Apple on December 11 as working stiffs came to work next day as millionaires after the company went public on December 12, 1980.
In 1896, General Electric was one of the original 12 companies listed on the newly formed Dow Jones Industrial Average and still remains after 114 years, the only one remaining on the Dow (though it has not continuously been in the DOW index). GE has paid a dividend every quarter since 1899 including 32 consecutive years of dividend increases from 1976 to 2007.
October usually comes to mind when you ask somebody what is the worst month to own stocks. That’s the month when Black Monday and Black Tuesday occurred, marking the crashes of 1987 and 1929. Some people might say May which has “Sell in May and go Away” tied to it. You might be surprised to know that September is historically the worst month to be invested in the stock market.