Since we're all tool and car guys - I think some of you own Snap-On (SNA). It's been a little poopie for the last several months. Year to date it's down 8.58%... and it's not a huge dividend payer to begin with...
So while I was just poking around - as usual I stretched the chart out just for a look see.
Only reason I'm writing this post....
Think about where you were in 1986..... and think if you'd just have put $1,000 in to Snap-On stock..... that was 30 years ago. What would you have today had you never put another dime into this??
You'd have a 916% GAIN..... Yep.... your math is right... you'd have damn near a million bucks to retire on.
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