Be The Investor You Wish Your Grandparents Could Have Been

How many of you wish that your grandpa bought $1,000 worth of General Electric stock during the Great Depression that would be generating $400,000+ in dividends today, allowing you to buy homes outright, fund children’s education by writing checks, and most importantly, inherit the “life infrastructure” that would allow you to dare to be great and pursue your dreams without making decisions based on scraping by and getting the bills paid.

Or maybe you wish your grandpa hid a couple hundred shares of AT&T stock certificates in the sock drawer sixty years ago so that you would be collecting over half a million dollars in annual dividends that you could use to jumpstart your own art museum that would allow you to have almost $150,000 coming your way every ninety days so that you could spend your life purchasing artwork around the world and sharing the beauty with others. That entire lifestyle could have been created *if* your grandmother or grandfather had the foresight to set aside some money that they would not interfere with, opting instead to let compounding work its magical touch.

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Originally posted 2013-07-31 06:45:34.

Why Altria Dominated After Divesting Kraft and Philip Morris

In 2008 and 2009, during the heat of the financial crisis, Altria sold off its real estate divisions, and then spun off Kraft to its existing shareholders, and followed this move with the subsequent divestiture of Philip Morris International.

It was an eyebrow-raising move because the 1970s tobacco executives believed that the sale of cigarettes would eventually come to an end in the United States, so the obvious response was to load up on food companies that would serve as a bridge of shareholder continuity when the tobacco music stopped (most notably, the old Philip Morris acquired Kraft and the the old Reynolds acquired Nabisco).

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