The Crushingly Expensive Mistake Killing Your Retirement

[dawg]

14. Apple pays 2.2% a year.

Microsoft pays 3.0%. GE pays 3.4%. Pfizer pays 3.3%. Coca-Cola pays 2.9%. Pepsi pays 2.9%.

Of the 52 stocks I monitor as potential investments, 50 of them pay a dividend.

Or, you could just buy an index fund that diversifies your holdings across the entire Fortune 500 universe of stocks. That would pay a dividend of only 1.8%, but you would be protected from being crushed by problems in any one company or industry.

As technology advances, the things we are capable of building and doing grows exponentially. The owner-class is perfectly happy with you not owning a piece of that potential growth. Sure, they are willing to use the market to churn you, and rip you off, if you let them. But you can also use the market to beat them at their own game.