Sublime
An inspiration engine for ideas
I opened my dividend growth portfolio in 2011 with about $100 and very small monthly contributions.
Since then…
The portfolio has grown an average of 43% each year (including my contributions).
Dividend income has grown each year by an average of 39%. https://t.co/nf2Wska3rT
Time flies my friends. My son will be 20 later this year.
Just $250 a month in a dividend reinvestment plan is now worth $353,000 and earns almost $10,000 in dividends.
By all means swing for your fences. But don't ignore the tortoise.
Bob Loukas 🗽x.com
Total monthly income for December 2023
December 15th Bonus - 10,432.00
Dividends - 13,508.81
Total $23,940.81
Dividends Paid in December
$ABR, $DUK, $ENB, $JEPQ, $O, $TFC, & $TS... See more
Excluding dividend income, an initial investment of $10,000 in the S&P 500 on January 1, 1926, would have grown to more than $1.7 million as 2017 began. But with dividends reinvested, that investment would have grown to some $59.1 million!
John C. Bogle • The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns (Little Books. Big Profits)
Fun graphic on $META from the Rowan Street annual letter (a hedge fund that printed a 102.6% net return in 2023): Shows how non-linear the path to good returns can be and how conviction pays off. https://t.co/jWQGVSc7LS... See more
Michael Dempseyx.com
