Boring, boring, boring. That’s how you might describe one of the best investments my kids will ever profit from. Back in 1990 my children’s grandparents bought them 50 shares of Disney common stock for around $500 per child. The kids received the dividend check each quarter and thought it was neat getting a little extra allowance every now and then. It was something they never gave much thought to.
Now that boring Disney stock has grown to over $5,000 in value for each grandchild. Suddenly it’s not so boring anymore. No glitz, not even one of the best performing companies over that time span, but the results speak for themselves.