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Anonymous Wed Mar 18 16:02:39 2020 No.17917810 [Reply] [Original]

I buy dividend stocks in decent companies with good profit margins, a good reputation, ran by decent people and I NEVER SELL. This seems to me like the best way to build wealth because even during a crash or economic downturn over a long enough timeline at most a few years your stock recovers in price and you still get your dividends. Do this for 20 years and you will easily be a millionaire with a passive income stream. Am I stupid?

>>	Anonymous Wed Mar 18 16:04:18 2020 No.17917871 >>17917810 You can be a billionaire if you sell before the crashes. And this crash was easy to spot

>>	Anonymous Wed Mar 18 16:04:26 2020 No.17917881 >>17917810 When profits become zero and even turn into losses, dividends are paid out on borrowed time. Better make sure your dividend paying companies have quite a large reserve of retained earnings.

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