Thread: Investing 102
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Old 07-18-2012, 08:54 AM
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GregWeld GregWeld is offline
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Quote:
Originally Posted by mdprovee View Post
My dividends added up to $150 at the beginning of July. All reinvested.
NOW WE'RE TALKING!

Think about this -- if you're saving $150 a month - and then you get a free extra $150... every year you're saving an extra $600... and more importantly when re-invested in shares that $600 becomes $700 and then $800 and you end up 20 years down the road being like Warren Buffett - where your dividend is equal to your original investment!

While it doesn't seem like "much" now -- after 20 years... and you have an extra grand or $1500 a month to retire with... you'll be so glad you made the effort... because it might be the difference between eating tuna every night - or having steak once in awhile and paying the light bill on time.


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