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The American Express Investment Journey
In 2014, I embarked on a new chapter in my investment strategy by shifting focus from index funds to individual stocks. While I had started small in the years prior, it was time to make more substantial investments, particularly after rolling over a 401(k) from a previous employer. This decision led me to acquire shares in four specific companies, with American Express emerging as the standout performer.
American Express has impressed with its adaptability. Over the last decade, this financial giant made significant strategic moves. Although it faced challenges, such as the termination of its long-term partnership with Costco in 2016, new opportunities arose. The company revamped its flagship…
