I feel like I have been talking about this a lot lately, but I was entering some dividend payments I recently received into Microsoft Money and say the dramatic effect of reinvesting dividend payments. I am going to take one of my stocks as an example and show you what has happened over time. The following chart shows the various dividend payments I have received from one of my best holdings - RBC Royal Bank (RY.to). You will notice that over time the dividends that I receive has been …
2 Mistakes an Investor Can Make
I was recently surfin' some investing message boards and came across a great summary of the investment process. More specifically, it was a very simple description of the two kinds of mistakes an investor can make. It really hit home with me. When you filter the investment process down to its most basic level, there really is only two things that can make a good plan go completely haywire. The two kinds of mistakes one can make in investing are: 1) Not buying a company that one should …
