Dividends are foundational to personal finance and financial independence. Compounding those dividends, though, that’s on another level.
5 Great Dividend Stocks
Albert Einstein famously said, “Compound interest is the 8th wonder of the world. He who understands it, earns it; he who doesn’t, pays it.”
You’ve heard of mail box money – dividend reinvesting is mail box money.
Einstein was right, compounding is magical. Of all of the things that I enjoy in personal finance – dividend reinvesting is probably my favorite.
Here’s my latest article on Dividend Stocks for November posted on Investopedia. It’s got 5 great stocks that I know well, but more importantly it details my process.
If you are just starting out with personal finance, make sure you have an emergency fund. Check out my post, The emergency fund is the foundation of personal finance.