Quote:
Originally Posted by 96z28ss
"If the latest proposed split is approved, the company noted that a single share purchased in 1919 for $40 would be worth more than 9,000 shares and $341,545. If dividends were reinvested annually, the share would be worth $9.8 million.
Huge difference in the amount it's worth with the reinvested dividend. The power of compounding is amazing.
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And there is the $64 million dollar answer to why you shouldn't be very concerned about when to get in.... JUST DO IT!
