03-02-2015, 11:33 PM
(This post was last modified: 03-02-2015, 11:33 PM by Dividend Watcher.)
Added SO to the wife's portfolio today with a limit order I'd put in a week ago. It's her first ute and this was the first chunk. It's about 13% off its high and liked the idea of compounding that cash at 4.6% yield versus 0.02% yield.
=====
“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan
“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan