๐ The difference between good and great investors? Reinvesting. Same stock, 3% dividend, 40 years: โข Cash out...
๐ The difference between good and great investors? Reinvesting.
Same stock, 3% dividend, 40 years:
โข Cash out dividends โ 120% return
โข Reinvest dividends โ 226% return
Compounding turns dividends into their own income source. The snowball grows exponentially. Don't spend โ reinvest. Goal: growing income, not quick cash.