Big Names, Big Dividend Increases
By Dividends4Life on Fri, 2008-12-19 08:43
(via www.dividends4life.com)
Compound interest is what occurs when interest previously earned is added to the principle and is considered when calculating future interest - i.e. earning interest on interest. So, what's more powerful than compound interest? Compound dividends! Compound dividends are like compound interest on steroids - you are not only earning on reinvested dividends, but the dividend rate is increasing.
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