To: Toddsterpatriot
Toadster, allow me to wallow in my ignorance some more. The low in gold this year was 391.20, and it is currently at 518.00. It is up 24.5% on the year not 20%. You must have meant to say Altria is up
about 24% because with a 52 week low of 60.40, and a current price of 75.32 it
is only up 20% on the year. Add to that a dividend of 4.2% [3.20/75.32=.042%] your barnburner year is up 24.2% [if this is your only stock]. Back to Gold, I own TRE [Tan Range] which is up 88.5% [sorry Tommy, no divdend]. But more importantly the bigger picture is the prize. Gold is up 267% in the last five years, and Altria is up 57% [I'll throw in your 5% dividend for five years and give you 82%]. Now, MAYBE if you use your little divisor/decoder ring you can figure that out to be more ... Again, whatever makes you feel good.
I would go wallow in my ignorance if I could find it under this pile of GOLD!
125 posted on
12/29/2005 11:39:08 AM PST by
Thomas Jefferson II
(If we could harness the energy from our fore-fathers spinning in their graves)
To: Thomas Jefferson II; Toddsterpatriot
The low in gold this year was 391.20, and it is currently at 518.00. It is up 24.5% on the year not 20%.You've calculated the trading range.
To find out how gold has performed this year, divide the current price of gold by its price on January 1, 2005.
![](http://www.kitco.com/LFgif/au2005.gif)
It appears gold opened the year at about 428 and is currently 515; about 20%.
128 posted on
12/29/2005 11:53:50 AM PST by
Petronski
(I love Cyborg!)
To: Thomas Jefferson II; Petronski
You must have meant to say Altria is up about 24% because with a 52 week low of 60.40, and a current price of 75.32 it is only up 20% on the year.With your poor math skills, you must be a protectionist. Taking your own numbers, $75.32/$60.40=1.247. For a public school grad (I'm assuming you graduated) that's about a 25% increase. And if you want to be exact, you'd take the closing price on 12/31/2004 ($61.10) as your starting point.
Add to that a dividend of 4.2% [3.20/75.32=.042%] your barnburner year is up 24.2% [if this is your only stock]
Again, if you want to be accurate, you'd take the $61.10 starting price and use the $3.06 actually paid this year to get the 5% dividend I quoted.
Gold is up 267% in the last five years
You're killing me!!! Please show the math you used to get 267%. Snicker.
129 posted on
12/29/2005 12:52:07 PM PST by
Toddsterpatriot
(The Federal Reserve did not kill JFK. Greenspan was not on the grassy knoll.)
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson