💰 *THREAD*
Why do I love dividend paying stocks so much (even growth stocks that pay a small dividend like or )?
Because they pay you for waiting around!
👇🏻
I’ve held Glu Mobile for about 5 years.
In that time it’s gone from about $3, to its current price of $7.70.
I’ve more than doubled my money (if I sold today)!
BUT I haven’t sold 👇🏻
Instead I’ve held it for 5️⃣ years.
In that time, it’s been as low as $2ish, and nearly as high as $12.
Up and down, and up and down again (see red circle dips).
And I’ve made $0 in that roller coaster.
👇🏻
Had I held a dividend paying stock this whole time, even a small dividend payer like or , I’d have been paid money for my time holding.
Apple pays $0.82 a share, and Costco $0.57. And those dividends can grow over time.
👇🏻
You could say, “Well you just picked the wrong stock to hold.”
But that’s the thing — we don’t know!
We hold companies we believe in, and we do what we can to research, but things happen.
Getting 💵 regardless just feels right.
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