10-29-2014, 11:16 AM
(10-15-2014, 09:20 PM)earthtodan Wrote:(10-15-2014, 12:18 PM)Dividend Watcher Wrote: For you youngsters, I'd seriously be looking at PH, LECO or VMI here. All are low yield but steady, long term growers so there's time to compound your way to wealth. PH especially.
I looked at PH but I couldn't find a story to distinguish them from the rest of the industrial conglomerates. What's the investment thesis? Maybe they deserve a thread?
God I wish I had a pile of cash laying around; 25% gain on PH in just a couple weeks and almost a 40% gain on AMGN without even breathing heavy over the last month or so.
Both would've been nice long-term holds with the cap gains just icing on the cake.
C'est la vie.
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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