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.
American Express (NYSE:AXP) has outperformed the market over the past 15 years by 1.02% on an annualized basis producing an average annual return of 9.85%. Currently, American Express has a market capitalization of $116.80 billion.
Buying $100 In AXP: If an investor had bought $100 of AXP stock 15 years ago, it would be worth $415.59 today based on a price of $158.59 for AXP at the time of writing.
American Express's Performance Over Last 15 Years
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.
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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