i bought 50000 shares at 71.5 cents. i am 22 years of age. and...

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.