If you invested $1,000 in Bank of America in July 1998 (25 years ago today), you'd have less than $800 today. bUt VaLuE iNvEsTiNg iS tHe AnSwEr 🥴 $BAC
@RoenschCapital You know that’s negative cherry picking given financial crisis & related dynamics on equity.
@RoenschCapital I can cherry pick data too!
@RoenschCapital If you invest in a bank you get robbed from front and behind. I would never invest in something like that.
@RoenschCapital If you invested $70 in AMC 2 years ago you'd have the $7 today.. haha 😂
@RoenschCapital Lol. Sold it when as soon as I got it gifted on my 21 bday after split. 😂
@RoenschCapital If I invested $1,000 into BAC in 1998 with an initial dividend yield of 2.56% and I assume a conservative 0% growth for the dividend yield, I would have $2,737.68 or a 170.48% return on investment today.