Investing 102

[GregWeld]

I'm still out here "on the road" from the GoodGuys Hall of Fame Tour.... and haven't paid ANY attention to the market - despite actually placing a couple orders while Rudy was driving down the road at mach 2...

Today I was looking at Altria (MO) as I sold mine to offset a huge loss position I'd written about earlier here.

Here's what I want to have you think about because it is good food for thought.


MO paid a .41 cent dividend in 2012 -- just four scant years ago..... today's dividend is .61 cents per share - per quarter... AND since then (2012) it's share price has appreciated 132%

Now then..... let's fast forward your hypothetic retirement date..... out 15 years? 20? 25? What do you suppose they'll be paying "then"? And what percentage return will that look like when they're paying $1.20 per share per quarter and your cost basis in 2012 @ $27 bucks a share. And all the while back in 2012 when the share price was outrageously high P/E and the market was soaring and you were just certain you were paying the all time peak high price......


Yep - that's how ya get 'er done.