That chart comments say it all:
You need to know that investments are far more volatile than what people discuss and far more than most people can handle because you need to expect to see big declines from time to time because that's just what happens. If you borrow money to buy stocks, you will take too much pressure and face liquidation by the margin department that loaned you the money to buy the stock. Look at all of the big percentage declines and also look at the fact that the dividend is now as great as the stock price was 45 years ago. Now that is compounding for the long term!
Tim
November 6, 2015 $45.18 last ABT, up from $0.30 in 1971
You need to know that investments are far more volatile than what people discuss and far more than most people can handle because you need to expect to see big declines from time to time because that's just what happens. If you borrow money to buy stocks, you will take too much pressure and face liquidation by the margin department that loaned you the money to buy the stock. Look at all of the big percentage declines and also look at the fact that the dividend is now as great as the stock price was 45 years ago. Now that is compounding for the long term!
Tim
November 6, 2015 $45.18 last ABT, up from $0.30 in 1971
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Subscribe to my indicator package KEY HIDDEN LEVELS $10/mo or $100/year and join me in the trading room KEY HIDDEN LEVELS here at TradingView.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.