Jimmy Carr on kids vs childfree life (from his chat with Chris Williamson)
Not having kids = life on cheat code mode.
Super easy, low stakes, no real skin in the game.
But once you have them.
Your heart lives outside your body.
You worry about death differently, now it means leaving them.
Suddenly you're at the high stakes table.
Final line, It’s very joyful.
Deepest fulfillment often comes from the biggest risk, where you have everything to lose.
So with dividends you can earn money while just a Shareholder of the company. The company can say that they are paying 5% dividends to shareholders meaning you will get 5% of the value of the shares you hold.
Has anyone looked at B2 Gold's current FCF run-rate? It's over $2.5B. 1M oz producer at $2.5K margins. Stunning. Yet nobody wants to own it. If gold prices don't drop, they will clean up their balance sheet, buyback shares, and increase dividends. Amazing setup. 😳
Yesterday, I talked about how Compounding works. Today, I’ll talk about how dividends can build passive income for you.
(Please check my highlights for previous days to catch up)
👉Dividends are cash companies pay you just for owning their shares. Some companies pay quarterly, some pay twice in a year and some pay once a year.
Some Nigerian stocks that pay dividends are GTCO, MTN, Aradel, Presco, Seplat, Okomu oil, Zenith, Uba, BUA Foods, Wapco etc.
Some US stocks that pay dividends are Apple, Coca Cola, Johnson & Johnson, Procter & Gamble etc.
You also get dividends from ETFs like VOO, VTI, SCHD, QQQI etc.
👉The goal is to reinvest your dividends so your money can earn more money. You won’t get rich immediately but you will get free money every year if you stay consistent.
Day 13/30