Quote:
Originally Posted by CamaroMike
I think Amazon could be the next google in time but like you said its too much money to tie up. Im still trying to get traction with my dividend returns so thats all I really own at the moment. I love getting FREE shares of companies!
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Investing is fun when it starts to work for you. I don't care if it's commercial real estate -- or a rental house or two -- or stocks that pay you to own them. GROWTH is fun - but is hit or miss... and while we'd all like to be some big time stock guru that doubles their money every year... for most of us - that's just not the case.
Frankly -- I don't even see this strategy as SLOW growth.... many dividend paying stocks double or so every 5 to 7 years. That seems like a long time but isn't -- and the part that works is the time and the doubling of the doubling.
100K goes to 200k goes to 400K --- that's in 14 years or so! WTF is wrong with that? The next double is 400k goes to 800K -- 21 lousy years...