All you need to do to get started generating long-term, “make your retirement” wealth is place a single phone call.
This might be the most important call you’ll ever make. As I’ll show you today, it could be the difference between earning $70,000… or more than $132,000. Last August, I even showed you what number to call. Have you made the call yet?[ad#Google Adsense 336×280-IA]If you haven’t… and you have five minutes to spare, read on…
Over the past several years, my colleagues and I have shown DailyWealth readers the power of compounding… especially with high-quality stocks.
Compounding is a simple strategy where you put your money in an investment that pays dividend or interest income… and you use that income to buy more of the investment.
Now, your dividend or interest earns income, too, building a bigger dividend or higher interest payments.
In short, you get to buy new shares of stock without having to put another penny into your investment. It’s as close to “free money” as the stock market will ever get you.
As I explained in August, you can use this strategy to turn an initial $3,000 stake into 10 times as much if you give it enough time. This really works. I hear from readers all the time how well it’s worked for them…
One subscriber, Kenny B., told me, “My account went from $1,200 to over $600,000. I would definitely recommend this.” Another, Luke R., told me his parents have made nearly $1 million doing this.
If you’re not convinced, let me show you how it works with a simple example… then I’ll show you what number you need to call to get started…
Let’s say three friends – Bill, Fred, and Sam – each invest $10,000 into Company XYZ. Let’s say the stock pays a 4% annual dividend. And let’s assume in this instance that the share price grows 5% annually. (The S&P 500 has grown 5.3% every year since 1928.)
We’ll start with Bill. He never reinvests his dividends. Instead, he just collects his payments like clockwork and piles up the income.
Fred does reinvest. Every time he piles up $2,500 in income, he buys another chunk of shares.
Sam also reinvests… But what Sam does is call his broker and sign up for a free automatic dividend reinvestment plan (DRIP). Every time Company XYZ pays a dividend, his broker uses that income to buy more shares of XYZ.
Here’s how they do…
As you can see from the table above, Sam’s returns take the cake. After 30 years, Sam’s portfolio is showing a 17% improvement over Fred’s portfolio… and a massive 90% improvement over Bill’s portfolio.
The only thing Sam had to do to increase his gains by 90% was make a single phone call… and give the strategy time to work.
To quickly put this powerful strategy to work for you, all you have to do is call your broker’s customer service line and let them know you want to enroll your high-quality dividend-paying stocks in a DRIP. You’re looking to place elite World Dominating Divided Grower stocks like Coca-Cola and McDonald’s into these “set it and forget” plans… and keep them in there for decades. Below are the phone numbers for a few brokers. (None of them charge commissions.)
E-Trade – 800-387-2331
TradeKing – 877-495-5464
Fidelity – 800-343-3548
Ameritrade – 800-454-9272
If your broker isn’t on the list, simply check online for the contact information. Finding the number and making the call will take you less than 10 minutes. And that’s all you have to do.
This phone call will get you started with the greatest wealth-building strategy in the world. Make the call today.