What a disappointed after waiting for over 14 qaurters.
This isn't the dividend hike we were looking for was it?
These morons are giving it a thumbs up, sell into strenght !! Send Kelcy and his entire team a message!
I'm earning about 10% on my original units purchased before the last split. Very happy earning a tax advantaged ROI of 10%. The capital appreciation has been icing on the cake. Using the rule of 72 my investment is doubling about every 7 years not including reinvestment or capital appreciation. If you're looking for instant gratification, you may be a trader and not an investor.
And look at the price of when it split last.
" Using the rule of 72 my investment is doubling about every 7 years not including reinvestment"
The rule of 72 assumes reinvestment. If you are not reinvesting then it won't double in 7 years.