Wednesday, February 28, 2007

The Dividend

It is days like we had yesterday that will validate your commitment to dividend paying stocks. If Wal-Mart goes from $48.00 to $44.00 (not that it did) the dividend is still $.67 a year and that goes up every year. That is income you will receive year after year without having to get up and go to work in the morning. When there is a "sale" like the one we had yesterday you can get the income stream cheaper.

I don't enjoy seeing the value of my portfolio get hit hard, however when these times occur the most exciting thing I can do is deploy more Washington's to work for me and my family.

I will be posting more, I have just been focused on finishing my MBA. So check back from time to time.

Have a productive day,

Jake Blake

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