Jun 10, 2016

A ten thousand dollar investment in a well-known dividend-paying stock back in 1962 could have turned into $486,943 dollars by 2012, plus $168,000 in dividends. This would have been due to continuous splits of the stock. At first glance, the share price had only moved up approximately a dollar share in that time, but the investor went from owning 176 shares to owning 6,288 shares, for an impressive gain and strong income.  If those same dividends had been reinvested and compounded, however, the account may have grown to $1,700,000 dollars. Steve and Sinclair have the stats and facts, according to a New York Times financial writer! Then estate planning attorney Richard Dwornik joins the A-Team for the Q & A.