A decade ago (yes, that long) I maintained this blog, which followed my live portfolio, including purchase announcements and explanations as to what I was buying and why. At the time I was making my purchases through a discount broker that charged no commission, which allowed for $100 dollar per month purchases. Then they changed their business model to charge $4.50 per purchase, which brought the idea to an end.
Fast forward a decade and I am now retired and spending the money in that portfolio (of course, as well as other investments). What I learned over the past 25 years of investing was that dividends, especially those in a Dividend Reinvestment Program (DRiP) were a large part of my ability to retire early and spend my time photographing and writing music.
So it is now my charge to let people know of the power of dividends and how they can be used within DRiPs to slowly and steadily build wealth. There is so much to dividends and so much I wish to share that I hope that you have a chance to learn what I learned over the years.
And also please note that The DRiP Investing Resource Center is the companion website to this blog. Since 2003 it has contained plenty of information, as well as an active group of like-minded investors, primarily from the United States and Canada, willing to offer their help. Please stop by if you get a chance.
Welcome to the new Prudent Investor.