368- Market Timing and Inflation
InvestED: The Rule #1 Investing Podcast
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The Rate of Return on an American Express Bond
i don't remember where i wrote that all down a few days ago, but the bottom line is that, a the rate of return, if you take themarket price of american express stock when they began, when they owned it, and the market price to day, with their additional ownership, almost double. Their return on their investment is compounded at about 11 % per year. So that is insane, isntat this amount of time? Ye, absolutely not. It's a huge amount of time, and's it's a huge return. And ther year, at 13% compounded, without doing anything, you're sitting there, 13%. I mean, think bout what people
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