For the past thirty years, ExxonMobil has grown its dividend by 6.38% annualized. Amazingly, due to its almost perpetually low valuation, the Exxon investor that reinvested every single dividend paid out over the past thirty years would have achieved annual income growth of 9.81% annualized. During every year during this thirty-year period, the income generated from one’s holdings in XOM stock increased.
One of the under-discussed aspects of investing is the style in which you go about making money. There are some people out there doing basic jobs not much above an entry level position and earning $50,000 per year. In some violent precincts, there are police officers earning the same salary who … Read the rest of this article!