A one-time investment in Cummins of $10,000 in 2003 would have turned that $10,000 into $323,000 by August 21st. And more importantly, that $10,000 original investment would have generated $73,634 in income.
Cummins is a great business. It is a little cyclical. You need to be prepared for some volatility if you’re a long-term investor in this company, but now would be an interesting entry point. And if it got any cheaper, I would be aggressively buying Cummins.
I’d like to give a shout-out to Ari Gutman. He did an interview with us. We have put a link at the bottom of this video. If you’re interested in learning more about my philosophies on investing, it was an interview that Ari conducted about me and my history in the business, my philosophy and my strategies, etc., so those of you who have been following me for a long time might find it interesting, so please watch Ari’s video.
Here is the link to Ari’s video with Chuck: • How to Build a Profitable Dividend In…
