💰 If you invested in ABB (ABB) in 2010 here's what you'd have now
WHAT IF YOU INVESTED $50 PER WEEK FOR 10 YEARS IN THE STOCK MARKET? HOW MUCH WOULD YOU HAVE TODAY? INVESTING IS FUN!
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💰 If you invested in ABB (ABB) in 2010 here's what you'd have now
Investing in stocks is risky, you could research the market and specific companies, and make educated decisions on how to invest. However, there are many factors that could benefit or affect the price of shares and those are hard to predict.
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This video takes into account historic data for a specific stock and simulates what your profit would have been if you invested $50 weekly and reinvested all Dividends. (if a dividend stock).
The calculations in this video are highly dependent on when and on what price the purchase of shares takes effect. this calculation creates an average weekly price to calculate simulate a share purchase and calculate a profit and market value. real experiences might give different results, but if consistent over the 10 years period the results should not be too far from this calculation over time.
Robinhood Referral Link (Free Stock): https://join.robinhood.com/citlala-9f...
Robinhood allows you to set up automatic recurring Investments = Daily/ Weekly or Monthly.
This video takes into account historic data for a specific stock and simulates what your profit would have been if you invested $50 weekly and reinvested all Dividends. (if a dividend stock).
Total Market Value: Amount of money you would get by selling your shares.
Investment ($50/Weeks): Total amount of money you have invested.
Profit: Total amount of money you have made including reinvested dividends you have received.
(When shares pay dividends).
When: Total Market Value greater than Investment = GREAT! We have a profit (see amount in the money bag).
When: Total Market Value lower than Investment = NO! We have lost money (money bag shows $0).
#HowToBecomeAMillionaire #dividendinvesting #stockmarket #money
About ABB
ABB Ltd, formerly ASEA Brown Boveri, is a Swedish-Swiss multinational corporation headquartered in Zürich, Switzerland, operating mainly in robotics, power, heavy electrical equipment, and automation technology areas. It is ranked 341st in the Fortune Global 500 list of 2018 and has been a global Fortune 500 company for 24 years. Until the sale of its electricity division in 2020, ABB was Switzerland's largest industrial employer. ABB is traded on the SIX Swiss Exchange in Zürich, Nasdaq Stockholm and the New York Stock Exchange in the United States.
ASEA was founded in 1883 by Ludvig Fredholm in Västerås, Sweden as manufacturer of electrical light and generators. Brown, Boveri & Cie (BBC) was formed in 1891 in Zurich, Switzerland by Charles Eugene Lancelot Brown and Walter Boveri as a Swiss group of electrical engineering companies producing AC and DC motors, generators, steam turbines and transformers.
On 10 August 1987, ASEA and BBC Brown Boveri announced they would merge to form ABB Asea Brown Boveri. The new corporation was to be based in Zurich, Switzerland and Västerås, Sweden, with each parent company holding 50 percent. The merger created a global industrial group with revenue of approximately $15 billion and 160,000 employees.
When ABB began operations on 5 January 1988, its core operations included power generation, transmission and distribution; electric transportation; and industrial automation and robotics.
In its first year, ABB made some 15 acquisitions, including the environmental control group Fläkt AB of Sweden, the contracting group Sadelmi/Cogepi of Italy, and the railway manufacturer Scandia-Randers A/S of Denmark.
In 1989, ABB purchased an additional 40 companies, including Westinghouse Electric's transmission and distribution assets, and announced an agreement to purchase the Stamford, Connecticut-based Combustion Engineering (C-E).
Use of the logo here does not imply endorsement of the organization
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By The original uploader was Vargklo at English Wikipedia. - http://www.abb.com/, Public Domain, https://commons.wikimedia.org/w/index...
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