I actually have that too, but I'm going to wind down the position bit by bit and shift the funds into a dividend ETF—it gives me less of a stomachache than McDonald's.
@nitroxx Don't do it. When it comes to long-term investing: Hold on t $MCD, and go buy yourself a burger! 🤘🏽😎 . Says someone who bought the first ones back in 1985 😊.
@PoorDad That’s actually true. Unfortunately, my financial means were quite limited back then, so I proudly held the four shares I bought at the time as my first stocks in my own portfolio. But here’s the thing: the stock price you’re looking at today is the result of 7 (!) 1-for-2 stock splits over the last 40 years. If they hadn’t artificially halved the price a total of seven times, a single share would be trading at astronomical levels today.
Nevertheless: the price gain is simply awesome. The long-term performance: awesome. The personal dividend yield: awesome.
