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Originally Posted by Vortech404
I transferred a portion of my holdings in my 401k account to more of a self managed account. I purchased 7 stocks. VZ,KMP,PFE,NU,MO,KO,PG.
I went from 0 dividends to $2,000 annually I love seeing the shares climb on there own. Hey you got to start somewhere.All dividends reinvested.
I also opened up a Roth for Me and my wife with Scottrade. I bought a few shares of JNJ in hers and a few CVX in mine. Whats cool with the Scottrade account is that you can buy a totally different stock with the dividends.It doest have to go back into the same stock.Will continue to diversify those.
Also got my brother to switch his account also.His first 3 stocks were KO,KMP,KMB. So this thread has helped my whole family. Thank's for taking the time to get us going.
John
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Great to hear John!!!
Think about that now for a minute! You're now saving $2,000 a year for doing absolutely nothing and if you're saving on top of that === that's going to compound big time!
Send me a postcard from Hawaii when you're there playing golf the week you retire. HAHAHAHAHAHAHAHAHA
I wonder to myself every day if anyone is actually reading, or if they are, are they seeing some success with any of it. So it's heartening to hear that someone is!