Your Uncle Bob has no formal education in business or finance but has been investing in the stock…

Your Uncle Bob has no formal education in business or finance but has been investing in the stock market for many years. At a recent family reunion, Uncle Bob told you that he liked to invest in stocks such as Emerson Electric (EMR) because it had a very long history of paying cash dividends. Do you agree with this philosophy? Why or why not?

 

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