this is not a trading stock. If you just hold it and collect the nice dividend over time you will do pretty well. If the stock goes up, it's a bonus.
At the same time the dividend could also increase over time if the company is doing well.
If you buy 1000 shares and continue to get the .06 divdend, with the dividends reinvested, you will have doubled your money in 10 years.
Many are looking for a double in 1 yr.
But as far as cash is concerned, although there is some risk to this investment as always, usually your money makes nothing sitting in a bank.
I have other stocks as well, that I feel will do really well over the next couple of years.
So if this stock takes 10 years to double, I am fine with that.
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