The Italian stock market has not delivered very good real total returns however, due to manya reasons, one being high inflation https://t.co/05FpKtsmSq
Generali is an Italian insurance company which has paid dividends every single year since 1863
This covers unification of Italy, two world wars, a Great Depression, and more
Over its long history dividends started being paid in gold franc pieces, italian lire and euro
The company proudly posts its full dividend history on its website:
https://t.co/OmWj9SG0cZ
Enterprise Products Partners $EPD hiked quarterly distributions to $0.56/unit
This is a 2.80% increase over the distribution paid during the same time last year
This dividend champion has hiked distributions for 27 consecutive years
I do not have a favorite dividend stock
I simply stick to my process, invest every month in what seems to be quality at a good price, and then sit tight
My portfolio ends up concentrating itself into the best performing companies after a few decades
But I can rarely predict in advance which of the investments I made would turn out to be the absolute best performers and which ones would turn out to be the absolute worst
This of course goes against FinTwit's "concentrate into your best ideas", but most of FinTwit doesn't make much money investing either...
@jacktonyd Yes, it is.
It doesn't all have to be converted at 18, it can also be staggered over time, taking advantage of low income years early in career
One appealing feature of the Trump accounts for me
Balances can be converted to Roth when your child turns 18
You do not need earned income to contribite and there is a $5,000 annual limit
You do pay tax on the conversion, mitigated by the fact kid is in a low tax bracket at 18
@jshaust The plan is to open a normal Roth when kids get earned income
Trump account is a nice way to potentially stuff a ton into Roth assets for someone without earned income
@proslogionanon That's a good question on UTMA vs Trump Account
Lot's of trade-offs depending on how long you plan to be invested (when you need the money), what you invest in (turnover, dividends) etc
Important thing is to learn the rules, and plan ahead accordingly for your own situation
The world got to where it is, because we compounded our knowledge and get better standards of living over time
Otherwise, it would be like each person being forced to live like a hunter gatherer and making their own civilization from scratch
Same applies for families. Your children and grandchildren etc should be building upon the foundation that you set, and then go from there.