The Power Of Reinvested Dividends - Use Your Dividends To Buy More Shares And Ignore Market Fluctuations

Like many of those born during the Great Depression, my wife’s aunt Joan, who passed away last year at age 78, was financially disciplined. She saved 10% of her income and never used a credit card. “If I can’t pay cash, I can’t afford it,” she always said. In 1954, when she was just 17, Joan began working at what was then known as The Bell Telephone Company. The young secretary immediately began investing as much of her paycheque as was allowed in the...