September 2, 2008
Foreign exchange currency trading – The next crucial question, of course, is "How much is good?
" And the answer is one that applies to every stock purchase at any time for any purpose: the dividend and yield are good if the stock is soundly priced in the prevailing market. At the end of 1957, a composite of all 992 dividend-paying stocks on the New York Stock Exchange had a market price of $42.02 and a dividend of $2.56, resulting in a (median) yield of 6.1 per cent. As a rule of thumb, a stock purchased for income in such a market could be expected to yield at least 5 per cent, or perhaps a bit more, say, 5.
For Pro Secrets and Strategies on all Aspects of Currency Trading, visit
Foreign Currency Trading
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