08-07-2014, 10:26 PM
I've been watching AMGN also and should have bought when it was at $111. I almost put GILD in the wife's portfolio during the Great Recession but thought I should start building her dividend growth portfolio as a foundation first.
T's nice but a slow grower. Reinvest the dividends for a few years though and then you'll surprised how quickly it builds up.
T's nice but a slow grower. Reinvest the dividends for a few years though and then you'll surprised how quickly it builds up.
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“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan
“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan