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Buy Dividend Paying Stocks To Take Advantage Of Compounding

December 14, 2021 · wpx_womenret · 42 Comments

By Craig Erwin, Ph.D.

Say I gave you a penny on the first day of the month and doubled the amount every day for 30 days. 1 cent, 2 cents, 4 cents, etc. A 30 day month would yield $5,368,709.12. Albert Einstein called compounding the “eighth wonder of the world”. Like Einstein, reinvest your dividends. #investingstrategy#compoundinterest#wealthbuilding

If you own stock, do you cash dividend checks or do you reinvest dividends (earning compound interest)? Is the stock market your primary way of accumulating wealth? Are you confident that you’ll have enough to retire comfortably?

For more information on the stock market, investing, and wealth accumulation, click on the following links:

Firms Are Buying Back A Record Amount Of Stock
Robinhood Users Tend To Underperform Other Investors
Don’t Sell Just Because Executives Do: Keep On Buying
Stock Market Predictions Are Useless: Just Keep Investing
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