Saturday, November 17, 2018

This is an OLD game I played with stocks where I would get a trickle of income from stocks for as long as they continued to pay dividends. It was a strategy I used to trickle money into a mortgage to help pay it down.

I would buy a dividend paying stock with the little money I had. When the stock went up ~20% I would sell enough to recover my initial outlay plus costs and just held the rest ad infinitum. I likened the strategy to putting money in a bank account then taking it all out...

Perpetual earnings from nothing

from Aussie Stock Forums https://ift.tt/2RTlaPy

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