Wednesday, August 4, 2010

Dividends, take me away!

After a stressful moment at work today, I found myself yelling out "Dividends, take me away!". My coworker laughed because he knows how passionate I am about dividend investing. When I'm having a bad day, I think of little dollar signs trickling down from the sky into my account and it seems to make work a little bit easier. All those little dollar signs piling up so that one day soon, I won't have to be a slave anymore.

I work with people in their early 20's and no matter how much I tell them about saving and investing, I might as well be talking to a wall because they want no part in any of it. "I'm young, I don't care about retirement!" is all I hear and even though I tell them that if they started now, they could double their retirement savings with the extra years they have, they still show no interest. It's almost like people are programmed to reject the "Save" word these days. I remember telling my dad about dividend investing. The first thing he said was "Sounds like a ponzi scheme to me". I'm pretty sure he just heard that term on the news and uses it whenever he can. Investing in dividend stocks that pay you increasing payments every year and if the stock prices drops, people buy more shares which keeps the price from dropping drastically does kinda sound too good to be true. I've given up trying to teach people in my circle about an easy investing opportunity, that's why I created a blog so I can connect to like minded people, and if some of my friends and family tag along, then we all win.

The great thing about dividend investing is that there's no need for secrecy or keeping things on the down low. If there's a great priced stock, I want everyone to know about it. The more people that buy in, the more the stock goes up. The only thing you have to watch out for is yuppy analysts who stare at graphs and ripples all day telling you the latest buy, only to have it fizzle out within the same trading day. Check it out here from Think Dividends

I can't wait till the 7-3:30 shackle is removed and I'll be financially free. Until that day comes, I'll keep thinking of the little dollars signs collecting and start planning the "I've survived the rat-race" T-shirts.

7 comments:

My Own Advisor said...

I hear you!!!!

Anonymous said...

I heart dividends! It's taken a long time to convince my husband to love them too.

Addicted2dividends said...

Yeah my wife's eyes glaze over whenever I start talking about dividend investing. I like making money and she likes spending money...

Anonymous said...

Amiable brief and this enter helped me alot in my college assignement. Gratefulness you on your information.

Think Dividends said...

Dividends are the key to financial freedom.

Addicted2dividends said...

Amen to that, TD!

Anonymous said...

After investing in mutual fund for 15 years, I have seen the dividend 'light' in mid-2008.
I look forward to the annual raise from a dividend stock than from a salary.

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