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sometimes_right

07/19/09 10:33 PM

#58538 RE: Rebels13 #58536

1970's dollars adjustment for inflation is about a factor of three...

SOOOOOOooooo $0.269 X 3 = $0.807 a share (compared to the roughly $20 or so a share TCH is currently trading)... COUPLED with many years of dividend payments... ULTIMATELY translates into a much GREATER ROI than produced by ANY bank savings account .... most real estate investments and certainly more than almost all peoples' college education - IF they were FORTUNATE enough to attend an institute of higher education (I suggest it for some posters)... imo

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dijeetyet

07/19/09 10:41 PM

#58540 RE: Rebels13 #58536

Well it's all relative but a 100 bagger in 30 years is not a bad return.
My dad bought some XOM in 1970's for $2.65--- the annual dividend is more than he paid for the shares.
nice stress free retirement for my mom.
I won't say I'll hang on to all my SRSR shares that long but it could turn out to be that kind of a stock.