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Did You Get A Good Dividend Last Year?

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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?

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1 comments:
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B said...
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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