RRT record realty

rrt looking even cheaper this week, page-2

  1. 829 Posts.
    i bought 50000 shares at 71.5 cents.

    i am 22 years of age. and in 30 years time, at 15% yield this would equal 3 million dollars if i am able to keep reinvesting the dividends at 15%... unlikely.... yes. but dont under estimate the power of dividend reinvestment and high yielding stocks.

    even purchase 5 grand its not that hard to keep reinvesting 500 bux a year in dividends. and purchasing more stock along the way. your not going to get the capital growth on a stock like this.

    but maths says if you buy enough every year, and the stock price doesnt slump. you have a winner with the yield so high.


 
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