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Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?

To: Triffin who wrote (5599)	8/30/2010 9:30:03 AM
From: chowder	Respond to of 34328

Baron Rothschild said, "I don't know what the seven wonders of the world are, but I know the eighth, compound interest." Albert Einstein found in compounding the same kind of almost mysterious universal energy that he had sought in relativity physics, calling it, "the greatest mathematical discovery of all time." Compounding is really one of the greatest processes on earth, and its given to all who care to participate in it. Unfortunately, very few do. People say they understand compounding, but if they did, they would take advantage of it! High total return via dividend investing requires one to use the power of compounding and you can't do that unless you are a long term investor. Most people don't have the patience required to meet the objective of high total return over a long period of time. It's a strategy I'm trying to impress upon my 25 year old son and 18 year old daughter.