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Strategies & Market Trends : Dividend Investing
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To: Henry Volquardsen who wrote (44)3/20/1999 7:00:00 PM
From: Paul Senior   of 387
 
H. Volquardsen: re: your reinvesting ALLC dividends:
From the company:
"An investment in in Allied Capital at its initial public offering in 1960, with all dividends reinvested, has produced an 18% average annual total return over the 39-year period." That is pretty darn good -- even if it is an "average" return over many years, and even if there's likely not more than 2 people in the USA who actually did invest like this -gg-. .....uhh............ just talked myself into calling my broker and signing on for the automatic div. reinvestment for this stock in my IRA. 18% for 39 years.... geez... if they can only do it for 10 more years--- and IF I can hold on -g-. regards, Paul Senior
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