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.
Broadcom (NASDAQ:AVGO) has outperformed the market over the past 10 years by 19.9% on an annualized basis.
Buying $100 In AVGO: 10 years ago, an investor could have purchased 2.82 shares of Broadcom at the time with $100. This investment in AVGO would have produced an average annual return of 32.35%. Currently, Broadcom has a market capitalization of $238.56 billion.
Broadcom's Share Price Over Last 10 Years
If you had invested $100 in Broadcom you would have approximately $1,642.85 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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