The $5.00 dividend check I always get usually just gets absorbed into my bank account.
Re-invest it. You might get to that 10th share eventually.
Enron, and the UPS two year hold on DESPP shares.Don't put all your eggs in one basket.
couldn't agree more!Don't put all your eggs in one basket.
couldn't agree more!
$150 a week stock deduction
3.5% deduction into teamster/UPS 401k
$100 a week into a ROTH IRA
Enron, and the UPS two year hold on DESPP shares.
Have sons that choose not to go to college, not daughters that, not only go to college's, but all marry every two years apart. That is the key to sound retirement.
ups stock is not that good an investment. AT&T yield is almost 6%. you would be much better off upping your 401 investment. I save 15% on my taxes on 20k investment every year. that is like earning 15%.
my phone is free because of yields from at and t. my cable is free because of yields from cable stock. my gas is free because of yields fom exxon stock and so on.
max out your retirements if possible. if you can't on a FT job, most likely you need to look at your expenses and cut back on unnecessary "necessaries". check out the Dame Ramsey book "Total Money Makeover" or his website. I have followed his advice. this year I expect to have over a mil in total assets in just 15 years.
There have been a few members on this board that have insinuated that Dave Ramsey's advice is poor advice. One even suggested that taking on more high risk debt as a way to make money to pay off their debt is better than following Ramsey's Baby Step Program to get out of debt. And people wonder why the average American is in such financial distress.
There is certainly much worse advice out there but Dave Ramsey isn't perfect. The problem lies in when u actually need a loan and you have lived debt free forever. I prefer to mix a little dad Ramsey with a little Clark Howard.
Explaining compounding interest to the wife last night was very frustrating. I explained how if everything follows historical averages we should have 5-7 million in retirement accounts when we retire. Her reply that's it? God love her she will likely work forever because she wouldn't feel comfortable until we win powerball. Lol