• The Power of Patient Dividend Investing

  • Sep 26 2024
  • Length: 49 mins
  • Podcast

The Power of Patient Dividend Investing

  • Summary

  • This episode discusses the power of dividend investing, particularly how a consistent investment in dividends can lead to substantial long-term wealth. Starting with a hypothetical scenario of investing $5,000 annually with a 5% dividend yield that grows by 3% each year, the hosts calculate that by the age of 62, the portfolio could generate $257,000 in income and be worth $1.7 million, despite no share price growth. The podcast also shares real-life examples of individuals, including Anne Scheiber and Ronald Read, who built significant wealth through patience and dividend reinvestment over decades. The discussion emphasizes the importance of starting early, staying invested, and being patient to achieve financial security and generational wealth.


    www.planningmadesimple.com

    Show More Show Less
activate_Holiday_promo_in_buybox_DT_T2
activate_samplebutton_t1

What listeners say about The Power of Patient Dividend Investing

Average customer ratings

Reviews - Please select the tabs below to change the source of reviews.