19th July 2019 - BMW shares @ Eur 66.65
Thanks to the Trump’s Trade War against the World, all the auto car maker shares are dropping significantly for the last couple of weeks. Three Key Reasons for the share price drop in shares from recent 12 months high:-
Daimler and VW may be in trouble-waters, but I am not worried about BMW’s future. Simply because of these 7 key reasons.
I am recommending BMW shares for long-term minded investors who are looking for dividend growth shares. Not expecting BMW to sprout like Amazon. I know my son will be dreaming of owning an electric Self-Driving BMW in the next 20 years picking up his girlfriend from work. Its quality companies like this which will be around when I retire. Buying BMW below EURO65 is good value. If it goes lower, then buy as much as you can afford. With such high dividends payout per year, recommended to re-invest the dividends for compounding growth.
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