Got the dividend statement from CDP last month and it was as usual great to read the amount you get being put to your bank account.
This dividend collected over time can be your own multiplier to increase your net worth. Imagine 3% to 8% you get from all the dividends which you reinvest. If you have $100,000 in investment, that is $3000 to $4000 in extra income each year. This can go towards your investment to roll it forward.
Each $100,000 making $3000 to $8000 can mean that if you have a million, you can retire and just live off your dividends.
It is said that the first 10,000 in investment is the most difficult, followed by the first 100,000 and the first 1,000,000.
Have you made the first step towards financial freedom by taking the first step towards making an investment?
Disclaimer
The information contained in this blog is prepared from data believed to be correct and reliable at the time of publication of this report. The authors do not make any guarantee or representation as to the adequacy, accuracy, completeness, reliability of the information contained herein. Neither the authors or any affiliates or related persons shall be liable for any consequences (direct or indirect losses, loss of profits and damages) of any
reliance placed on information provided in the blog.
Shares and financial instruments illustrated in this blog can go down sharply or in certain instruments suffer total loss on the initial investments. Investors are advised to make their own judgment on the information provided and consult their own financial advisors or consultants as to the suitability of the products illustrated to their particular financial needs and objectives before acting on any information contained herein in this blog.
March 23, 2013 at 5:08 PM
I agree.
The first 100K is always the hardest. Once you reached that stage, everything is automatic ;)
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