WalMart (WMT)
I just have to do one more post today....
I was just poking around and noticed something that, personally, I think is incredibly important to "investing".
Check out WALMARTS (WMT) 5 year chart on Google Finance.....
Now -- What I want people to really pay attention to is at the end of 2008 -- 5 years ago -- WMT paid a .24 cent per quarter dividend.... Yeah - WMT sucked wind for 3 or 4 years (as share price goes).... but -- the BIG BUTT -- they now have almost doubled the dividend to .47 cents per share per quarter.
Think about that for just a minute --- have ANY OF YOU gotten a 100% increase in your pay in the last 5 years???
This is what I'm talking about when I say -- you get paid to wait.... and that you don't have to be some miracle stock picker to make money in the market LONG TERM.
Forget the share price growth --- you've doubled your cash flow even if the share price just stayed flat!!! What's wrong with that scenario??
|