Stock pick for week of May 6, 2024 (FOR ENTERTAINMENT PURPOSES ONLY): Charles Schwab Corp. (SCHW) - Investment company benefits from recent acquistion of TD Ameritrade and is highly rated. Buy soon for a dividend. I DON'T OWN THIS STOCK.

             MY STOCK PAGE
       This is a stock certificate that I own. First Energy.   
 It is cool to be an owner of an electic company and since 
 people are always going to need electricity, I should 
 always make money from it. 

          Like all stock certificates, this one has the name 
 of the company. It has a picture of some goddess-like 
 character.  Here the character is holding lightning 
 bolts. The certificate has a number that I obscured 
 and the number of shares owned.  It is also signed 
 by important people. 

           Not sure why,but people seem to be afraid of  
  stocks. From 1926-2000, the DJIA averaged a 10.7% 
  annualized return. What does this mean?  

           There is a formula referred to as The Rule of 72.
          Simply put, you divide the interest rate into the 
   number 72 and it tells you how many years it would 
   take your investment to double.   There is even a 
   calculator to help you. The RULE OF 72 CALCULATOR 

            For example, at 10.7%, it would take 6.82 
    years to double your money.  That means that if 
    you invested $1,000.00 in the DJIA at the age of 
    25 that $1,000.00 becomes $32,000.00 when you 
    turned 59.  Imagine investing more than that and 
    doing it regularly, how much money you might 
    have when you get ready to retire.           

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