/biz/ - Business & Finance

>SPY down over 5% year over year
THIS IS ONLY THE BEGINNING

>>12160362
>>12160433
Example. I'm currently 22 and would like to have a good amount of dividend income by the time I turn 40 and stop being a complete wagie
SPYD pays slightly above 4% interest, which comes out to be 1% per quarter.
If you compound your principle by 1% and start with a meager 25 shares of SPYD, I'll end with 190 shares of SPYD when I turn 40.
It's even better if you buy things like NLY, IVR or MFA with a 10% yield per year.
10% yield per year is 2.5% per quarter on DRIP, you end up with a fuck ton after 17 year. Like, in the thousands, A FUCKING TON.
Compounding interest is the most powerful force in the universe

>>11305695
hello JIDF

WHAT THE FUCK

>>11113361
DIVIDE AND CONQUER POST JIDF OUT IN FORCE