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I noticed that every weekend my husband and I seemed to end up at the Home Depot. Every project around the house required something from the Depot. Annuals, fertilizer, wood chips, paint, new shower heads, ceiling fan replacement parts, a pressure washer, a new drill - it all came from the Depot. More of our checks were being written to Home Depot than any other place. Naturally, when I read the Fools' advice to buy what you know, I thought of Home Depot. I noticed how full the parking lot always was when I went there. I read about the Depot in Value Line. I liked everything I saw and so, when our previous home sold, I bought my first shares of Home Depot stock through their direct purchase plan. That was in July of last year. I have made periodic investments through their dividend reinvestment program since then. Results? My $15,200 investment is now worth about $22,600. According to Quicken, my investment in Home Depot has produced an average annual total return of 88.70%. Quicken also helped me figure out that during the same time period, a full 3.5% of our family income was spent at Home Depot. Funny, I don't seem to mind that expense as much any more. :-)
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