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This is update number two on my dividend account. This year, as many of you know was not an easy time to do anything for anyone. With the idea of income being lost from losing a job or a drop in business, I felt that I was unable to add as much as I wanted to this account. However, I did increase my account size. I was able to go from 12 stock holding… Read More
You may have heard the term ”DRIP“ and asked yourself “What is that? Well, wonder no more! In this post I will be explaining DRIP from the eyes of a beginner and helping everyone reading understand this incredibly powerful investing tool. The Acronym DRIP stands for Dividend Reinvestment Plan. This is just a fancy way of saying “If you own dividend stocks those very stocks will pay you a portion of the company’s earnings… Read More
This will be my very first update on my dividend account. It’s still very new and small but I’m thrilled to say that i’ve made $7.66 on an account that started with only $1,093.6. Taken at face value, numbers like that don’t sound like anything nowadays because if you do the math it comes out to be around .007%. Regardless, that coupled with the market gains of all my shares makes for… Read More
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