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You could have also got a 500% rate of return over the last 50 years just by buying E series savings bonds and reinvesting them every 20 years. I know, there is a limit to how much money you can put in a savings bond every year, but still, compared to the stock market, I know which one I would choose for asset protection and a steady 3.5% annual yield.
If the author meant stocks 5 centuries old, he would have written five-century-old stocks.
The way the article is sub-titled, is meant five stocks that are a century old, or five century-old stocks.
So can the illiterates here please move on and go back to watching TV?
Actuant, these are the guys that built the new Oakland San Francisco bay bridge that was supposed to be earthquake proof. Ha ha, now they find out shoddy workmanship like welding, and rusted bolts, so be careful about this one, if there is an earthquake tomorrow, and the bridge falls, they will surely be worthless overnight.
After the work is started then they tell you the real cost to finish, and hold the taxpayers and such hostage. This bridge cost 10 times what the original quote was for.
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[BRIEFING.COM] The stock market finished an upbeat week on a mixed note. The S&P 500 shed less than a point, ending the week higher by 1.3%, while the Dow Jones Industrial Average (+0.1%) cemented a 1.7% advance for the week. High-beta names underperformed, which weighed on the Nasdaq Composite (-0.3%) and the Russell 2000 (-1.3%).
Equity indices displayed strength in the early going with the S&P 500 tagging the 2,019 level during the opening 30 minutes of the action. However, ... More
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