Dow Jones Industrial Average 11,872 (UP, 8th week in a row) Week ending 01-20-2011
It gets even better. My Great grandfather Stephen Whitney Wilson Sr. was in the New York State Militia , 7th Regiment. They were a.k.a the"Silk Stocking" Regiment, (due to the disproportionate number of its members who were part of New York City's social elite). Their primary mission back in 1881 was to guard the Stock Exchange.
They must have established my hereditary bond and interest in the stock exchanges, like a baby duck being imprinted to it's mother.
My grandfather, Stephen Whitney Wilson Jr. , was a member of the Ringling Bros. Circus of Baribou , Wisconsin. He was poor as dirt because his father died when he was 5. But he was rich in storytelling and good humor and has left our family with a written scroll with stories about his times traveling with the circus.
My father, Howard Hassel Wilson, was a bus driver. He passed away when I was 5, just the same as my grandfather's father had. I never really thought about whether we were rich or poor. We were just happy.
And now you are here listening to me. I am the one speaking for all of them in this great time continuum. Interesting.
ANCESTRY.COM INC. (Symbol ACOM, $34.23) is the stock with that 146% Total Return last year. Ancestry that fountain of growing and flowing information like censuses, pictures, historical documents and notes, immigration roles, family trees, birth, death, marriage records and a whole lot more. 2010 earnings are $.77 cents a share and 2011 is looking like $1.05 per share. Ancestry's earnings are growing at an 18% a year pace. Revenues continue to grow at a steady rate and long term liabilities continue to drop at a rapid pace as the company pays down their debt from solid cash flow.
Ancestry is expanding out to a more global customer base and has added special searches for various ethnic groups. They have also added connections to Facebook and Twitter social networking sites and elected Facebook's Mike Schroepfer to their Board of Directors just this week. You are also seeing TV shows where celebrities are researching their families, gaining public interest in the subject. There is plenty of room for revenue expansion here as Ancestry did only $225 million in sales last year. Once you get started with your research it is very addicting!
So buy some stock in Ancestry and hopefully you will make enough money to buy a few yearly subscriptions to their service and find out your heritage like I did above. Who knows who you could be connected to!
Stay warm in this cold winter,