When you DRIP there’s nothing quite like a dividend payment day. October 31 is one of those days. That’s when your dividends post to your asset management business and get instantly converted to your increased interest in each business. DRIP stands for Dividend Reinvestment Plan. All the businesses we own pay dividends and we are fortunate enough to be able to DRIP them all. Because we invest exclusively in dividend growth businesses our dividends are constantly increasing and that means our ownership in each business keeps increasing too which means future dividends increase even more. We call that Compounding Interest Turbocharged!!! There’s no trick in DRIPping it’s all a huge Treat!!! Happy Halloween!!!
makeyourfamilyrich
Comments