By Mable Buchanan Building a retirement that lasts through the years doesn’t have to mean reinventing the wheel.
So in this week’s State of the Market YouTube video, Chief Income Strategist Marc Lichtenfeld revealed his favorite wealth-building tools: dividend reinvestment plans, or DRIPs.
Marc is such a believer in the power of dividend reinvestment that it’s an integral part of his signature 10-11-12 System…
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This powerful strategy is designed to generate 11% yields in 10 years or 12% average annual returns in 10 years with dividends reinvested.
And in 2018, this theory was unknowingly adopted by an acquaintance Marc now fondly calls “The Smartest Guy I …read more