The Snowball Effect: Using Dividend & Interest Reinvestment To Help You Retire On Time by Timothy J. McIntosh
Requirements: ePub reader, 1.2 MB
Overview: How can you retire on time? Become a “Snowball” investor.
Today, we live in a world of 24-hour business television, high-speed trading, and volatile capital markets. Instead of asking your dentist for a hot stock tip, you need only turn on the TV to hear
what the talking heads recommend or jump on the Internet to find thousands of web pages devoted to showing you how to make a quick buck. Don’t listen to pundits and faceless Internet “experts.” Consider instead the power of income investing. If you want true wealth building and the ability to retire on time, consider becoming a “Snowball” investor. This type of investor focuses not on what the price of the investment is, but the income it produces. A “Snowball” investor embraces a buy-and-hold state of mind and buys dividend-bearing stocks and bonds.
Genre: Non-Fiction > Business & Money
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