yup ... did that a few years ago , been sucking on the dividend teat ever since ... that's other folks money coming in ..... VZ can keep my money for another 100 years , as long at that udder stays full .... g
It's the damndest thing, every quarter when I get that dividend check, I just keep doing a dividend reinvestment. Wouldnt you know it, the next dividend check is even bigger than the last. Just cant seem to help myself, I just keep doing dividend reinvestments, and the size of the dividends, they just keep growing. My plan aint sexy, just keep the size of each dividend check growing on average 11% larger than the previous quarter, keep reinvesting and do some spot buying when I see a good opportunity. Just a slow and steady 11% increase in the size of the dividend checks from the one before it, quarter after quarter after quarter. Maybe money says bye bye to you, for me, money says "Hi there, hope you dont mind that I brought a few more of my friend with me"