News Focus
News Focus
Followers 4
Posts 136
Boards Moderated 0
Alias Born 06/18/2003

Re: OldAIMGuy post# 8912

Wednesday, 07/30/2003 10:48:34 AM

Wednesday, July 30, 2003 10:48:34 AM

Post# of 48402
Hi Tom,
People sure do strange things.
I was just going over my HR investment. It is surely one of the great joys of AIM to observe how a 30K investment grows into 37K of stock plus 18K of cash in a relatively short period of time. This has been acccomplished without including the wonderful dividends that are being paid by HR. We use those for spending money. The growth of this stock has been about 23% annually.
I keep asking myself what it is going to take to make people start not liking HR enough to make the price drop for more than a week.
The chart for HR has been absolutely beautiful since March of '99 when I first purchased it. I had no intention of AIMing it. I was just thinking of getting some income to help with expenses. Towards the end of the year (1999) it dropped significantly and I succumbed to temptation and increased my holdings by about 17%. This was also when I decided to start AIMing the position. How glad I am to have made that decision.
Bernie

Trade Smarter with Thousands

Leverage decades of market experience shared openly.

Join Now