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How do you measure investing success?
How do you invest for long term growth?
Think you can't get a brokerage's attention because you don't have enough to invest? You're probably right.
Think you can't trust your brokerage because they're the ones benefiting from the products they sell you? Also right.
A friend once asked me about this, asked "if this works, why doesn't everyone do it?". Well, the brokerages you get advice from don't make any money when investing this way. Why would they teach you something that earns them less money?
Caution! Reading this brief Financial Fable may cause you to ask uncomfortable questions about your retirement future. You have been warned. ;-)
Instead of taking a dividend payment in cash
today, you reinvest your dividend into the
company in order to get a larger future payout
A well known way of long-term investing for
How it looks on your brokerage statement