WHY I AM A MAJOR SHAREHOLDERFulton and TD are stocks that I add to with my profits from more risky endeavours. Why do I invest in Fulton? Let me quote from the 1999 annual report:
"Many long-term Fulton shareholders have appreciated these strengths and have realized an attractive return on their investment. If you owned 100 shares of Fulton Financial Corporation common stock on June 30, 1982, your investment was $1,750. By doing nothing more than holding on to those shares, as of December 31, 1999, you would have owned 1,085 shares valued at $19,530, for a compounded annual rate of return of 15 percent over the 17-year period. If you had taken advantage of our divident reinvestment plan, that same investment of $1,750 in 1982 would have had a 1999 year-end market value of $36,570 representing 2,032 shares, for a compounded annual rate of return of 19 percent."
If anyone wonders why I post on so many stocks, what can I say? I am very well diversified.