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How to make it, spend it, and invest it

6 Nov 2020

Mastering Money 11/6/20

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Post by MoneyRadio Staff

Many investors think the only way to build wealth is to see the price of your stocks go up, however,  many more personal fortunes have been built with stock splits and dividends reinvested over time. You can’t always control the price of the stock you own. But dividends are cash money that you can reinvest or spend. Warren Buffett refers to it as the SNOWBALL effect, where down markets can actually become your friend.  Stock splits happen to great companies that keep growing, year after year until the price gets too high.   Today, we’ll use Amazon as an example, following it from its IPO in 1997, through its multiple stock splits, and magnificent growth. Ten thousand dollars invested  in Amazon back then would be worth more than 12 MILLION DOLLARS today! We’ll examine Amazon’s fascinating history, with some deep insights on how to build your own fortune. Then Medicare specialist Shelley Grandidge joins us.  Don’t miss today’s  GREAT show…MASTERING MONEY is on the air!!!