Never heard of this guy, from the wiki
>he worked as a gas station attendant and mechanic for about 25 years. Read retired for one year and then took a part-time janitor job at J. C. Penney where he worked for 17 years until 1997.
>Read amassed a fortune of almost $8 million by investing in dividend-producing stocks and being a buy and hold investor in a diversified portfolio of stocks with a heavy concentration in blue chip companies.
Rare based porky giving the janitor the inside scoop?
OH, I thought JC Penney was a bank or something, sorry not a burger.
The only "success stories" I can think of are literal ghouls like Elon Musk lol.
is it illegal to only say insider information or is it also illegal to invest based on it?>>246600>dividend-producing stocks
i still don't know what that means>>246602
i think every rich kid is automatically excluded from success story
their birth will be their only success
wtf I hate socialism now
If people became rich by buying and holding blue-chip (large company, mainstream) stocks that pay a dividend then all
boomers would be millionaires. There has to be more to his strategy than simply investing in dividend stocks because I refuse to believe that he got rich though that strategy alone.
A dividend is quarterly payment payed to you by a company for holding their stock.
The payment varies a lot depending on the company, but the total returns are usually low if you don't own have a lot of stock to begin with.
holy crap lois
i'm gonna full time be a dividender
just get paid to keep my money like interest in a bank for a company
yeah, and you also have to remember the material conditions i.e the time and condition of the economy and the events which must've played a part
load it up bois
we're gonna look at this 60 year old man's portfolio 💻💾💿🖲🖨
good for him, it's payoff for the years of doing it for free
lol today companies issue stock with no dividends and no voting rights
This sounds quite nice. I think i will join you i n becoming an divindender.
How do i apply? Where do i get my moon stonks or whatever the kids call them these days?