“I have set to reinvest back into that portfolio because I want it to continually grow… when I get to retirement… every dollar it makes is going to come to me as my income”
BS
Bec Syed
She's On The Money ·
“He insisted on investing in the newest technology every single time… his company’s losses were the least of its rivals when it had to reduce its prices so it could run the factory fully occupied.”
Andrew Carnegie · Founders · #437 The Tycoons: Carnegie, Rockefeller, Gould & Morgan
Play from 38:56
38:56
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What was described
Reinvested earnings continuously into larger plants, newest equipment and best technologies rather than paying dividends
Said nearby on the same subject
“Almost every Australian broker and fund lets you turn on a dividend reinvestment plan, a DRP with one toggle.”
♫
Said on Dev Raga Personal Finance
“Each different plant earns you a point… 30 different plants a week… the super six… quantity, variety, and spread.”
♫
Said on Working Hard with Grace Beverley
“It can pay to borrow a little bit of extra money to cover some of those bigger ticket maintenance things rather than using your emergency fund”
PN
Pat Noll
Equity Mates Investing Podcast ·
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