A little maths query please ,
I am trying to get my son to save some money via the stockmarket
He is issued 450 employer shares every year in BIR at no cost and purchased on market another 450 every year ,
Then the dividend of 3.5 %was reinvested through a DRP,
Assuming I he never sold any shares and keep this up for 10 years,
could somebody reply with the compounded figures please ,
say just using an average ingoing shareprice .
Thanks
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A little maths query please , I am trying to get my son to save...
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