If you’re looking for a come-up, dividends are f*cking awesome
3 years ago by parrotboi · 52 Likes · 3 comments · Fresh
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creativedragonbaby
· 3 years ago
· FIRST
Ngl, stocks are good for long term savings. If you’ve got some money you’re just going to leave in an account, invest some. (Of course do research)
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scatmandingo
· 3 years ago
I’ve been investing for about 20 years and if you don’t know what to buy look for a mutual fund with a stable price that pays dividends in its own shares. It seems counterintuitive because you want the price to go up on investments but this is much better. Every time a dividend issues it’s recorded as a sale price of whatever the fund is trading at the time. Those dividends will compound tax-free and when you go to sell the price you sell for us basically the same as what you bought it for. That means you pay little to no taxes on the sale.
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creativedragonbaby
· 3 years ago
Genius.