NEVER forget to REINVEST the dividends, Sheena.
~ Wednesday, May 15, 2024 Blog Post ~
My objective has always been to maintain my comfortable lifestyle and long-term financial security. Hence, with my hard-earned money, I do four things:
Save. Invest. Reinvest. Enjoy.
NEVER forget to REINVEST the dividends, Sheena.
This reminder is for myself, as always.
With my busy schedule, I have to remind myself the two months when I will have to reinvest the dividends my investments earned. Considering the cut-off months of May and December, I have scheduled reinvesting every April and November yearly.
Reinvesting is similar to planting the seeds that my tree’s fruits bore. In this manner, I will have more trees in the coming years bearing the sweetest fruits I will enjoy.
I consider reinvesting as a financially rewarding cycle. Every time my investments earn returns, yields, or dividends, I’ll have to “re-plant” these earnings or profits. This method is among the ways investing lets investors earn more money passively.
Again, Sheena, NEVER forget to REINVEST the dividends.