Most people don't understand dividends. They think a small percentage is meaningless.
However, as a company raises the dividends, it increases the yield on your cost. Eventually you're earning a high rate on your initial investment and it keeps compounding.
Absolutely, Jeremy! And one more secret but obvious ingredient of that dividend sauce - time. If you have some, than you can reinvest dividends getting second hidden power for your future wealth.
Most people don't understand dividends. They think a small percentage is meaningless.
However, as a company raises the dividends, it increases the yield on your cost. Eventually you're earning a high rate on your initial investment and it keeps compounding.
Absolutely, Jeremy! And one more secret but obvious ingredient of that dividend sauce - time. If you have some, than you can reinvest dividends getting second hidden power for your future wealth.