Tuesday, July 06, 2010

The Power of Drip Investing

I found this neat tool showing the power of DRIP investing.

http://www.shareholder.com/clx/calculator.cfm

For example, $10000 invested in Clorox Company (KLX) 1996 would be worth $ 44,128.25 today (which equates to a 341.28% return on investment).

A hundred dollars invested in the Chlorox Company (KLX) in 1986 originally only buying two shares would be worth today 30.73 shares at 63.76 per share totaling $1,959.50 which equals to a 1,859.50% return on investment.