Simpler, Safer Investing

Simpler, Safer Investing

How Not to Lose Money, Over 110 Years of Investing History Cannot Be Wrong

Paperback - 2015
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Get Rich off the Very Companies You Pay Each Month for Goods and Services (Gas, Electricity, and Water Companies) You are not wealthy in financial assets because you have not stopped and thought. Use your brain! People send a check to their gas and electric companies every month for over sixty years and never stop and think, "Wait a minute! I am not the only one who is forced to send them a check. All my neighbors and friends and the other millions who live in my state, plus all the businesses and government offices in that state, must pay, too!" People never stop and think they must be profitable to be around for that long. Investor thinking must be, "They must pay a dividend, so if I invest over time, I can get back all the money I send them." Maybe the company has its own Dividends Reinvestment Plan (DRIP) - there is almost a 100 percent chance companies like this that have been around for thirty years have a DRIP, so you can skip having to open a brokerage account (and pay a commission fee) and do this for free. Maybe, just like they take the money directly from your checking account each month for their services, you can buy a small amount of stock, maybe as low as $25 per month. This way, you can start buying shares of the company directly without any cost to yourself to invest in this company. Maybe in the current age of the World Wide Web and advanced technology they do not have a DRIP. If not, there are other companies that are non-brokerage firms, like www.sharebuilder.com or www.directinvesting.com, that also do this for free. How many other companies have you been paying for goods and services each month? How long have you been shopping at companies such as Walgreen, CVS, Target, and Wal-Mart? How often have you filled your automobile with gasoline at ExxonMobil, Chevron, Marathon, BP, or your other favorite gas stations? Do you have a Visa, MasterCard, Discover, or American Express credit card that you use every day? Do you have a favorite ret
Publisher: Denver, Colorado : Outskirts Press, [2015]
Edition: v1.0.
ISBN: 9781478752226
147875222X
Characteristics: viii, 89 pages ; 23 cm

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