This is a silly statement: about Franklin. You could make the same claim about GM, Bethlehem Steel , etc etc etc. What a company did decades ago is meaningless without some idea about what they plan to do tomorrow. Franklin might be a great company with great management but the NEW economy is changing and to advise putting money in any investment without constant monitoring could be a big mistake. Resources need to be allocated to where they will do the most good.
On Aug 27 09:23 AM Thrift Maven wrote:
> Franklin resources returned $1,000,000 for every $1,000 invested > > during an 18 year period for the great '80's - '90's bull market. > It was the most successful stock of those years. It is far better > to let them handle the money than to pass out a few paltry dollars > here and there. Put ten or twenty shares in your Roth IRA, reinvest > those small dividends, let Franklin do what it does best and you > should have a wonderful return in twenty five years.
7 Cash Rich Stocks Offering Stingy Dividends [View article]
On Aug 27 09:23 AM Thrift Maven wrote:
> Franklin resources returned $1,000,000 for every $1,000 invested
>
> during an 18 year period for the great '80's - '90's bull market.
> It was the most successful stock of those years. It is far better
> to let them handle the money than to pass out a few paltry dollars
> here and there. Put ten or twenty shares in your Roth IRA, reinvest
> those small dividends, let Franklin do what it does best and you
> should have a wonderful return in twenty five years.