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.
Baidu (NASDAQ:BIDU) has outperformed the market over the past 15 years by 15.45% on an annualized basis.
Buying $1,000 In BIDU: 15 years ago, an investor could have purchased 160.38 shares of Baidu at the time with $1,000. This investment in BIDU would have produced an average annual return of 23.65%. Currently, Baidu has a market capitalization of $53.53 billion.
Baidu's Share Price Over Last 15 Years
If you had invested $1,000 in Baidu you would have approximately $24,666.69 today.
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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