Quote:
Originally Posted by cooper barrett
You are so full of ****ing shit,You're the guy who sold Wal-mart stock to buy a lawn tractor.
Real fact if you invested a one time investment of 10% of your salary in 1965 in Berkshire-Hathaway and never touched it that one investment would be worth today an poultry amount of $10.4M. with no dividend payments
If you invested just $1600.in Walmart (100 shares) in 1970, todays value after splits would be about $12.4M with an annual dividend of over $400k.
In 1980 an investment of less than $1K (24 shares) in Kimberly Clark would be worth $1M today and $3.88 dividend on 886 shares ($3500).
All of these investments are not out of reach on the average school teachers salary, even in 1965.
I think you can see that putting your savings in Cap Fed and earing 6.5% is going to have you eating out of a soup kitchen when you get old, but investing in dividend growth stocks will have you eating caviar with Robin Leach on your own yacht without touching your investment...
Go ahead. School me, I gotz 2 knwz!.
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would that be the same as chicken money? What's that worth these days?