måndag 7 augusti 2023

The money machine

 So what else prints money except the federal reserve? Well some stocks do. They pay a dividend. What is a stock? Google or AI is your friend for that question but in short it is a share in a company. 

When that company makes a profit it can decide to share it with its shareholders by paying a dividend. By reinvesting this dividend you can buy even more shares. And hopefully the company is successful enough so that it raises its dividend which allows you to buy even more stocks - compounding is born.

“Do you know the only thing that gives me pleasure? It is to see my dividends coming in.” - John D. Rockefeller

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