20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
Ubiquiti (NYSE:UI) has outperformed the market over the past 5 years by 23.92% on an annualized basis.
Buying $100 In UI: 5 years ago, an investor could have purchased 1.85 shares of Ubiquiti at the time with $100. This investment in UI would have produced an average annual return of 40.31%. Currently, Ubiquiti has a market capitalization of $18.86 billion.
Ubiquiti's Share Price Over Last 5 Years
This $100 investment would be worth $557.16 today based on a price of $301.91 for UI at the time of writing. In other words, you would have more than 50X'd your money.
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
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