Shoebox Investor

What is a shoebox investor? An investor who generally pays himself first. The idea is that any money you can store in a shoebox or piggy bank, should be invested in the market. It is not how much you invest, it is the time value of money you should focus on. The earlier you put the money in the market, the longer you keep it in, the higher the chances of reaping the benefits of accumulating dividends. The reinvested dividends will buy you more shares.

Pay yourself first

Sunday, March 30, 2008

Stocks of the day: Healthcare




I like health care stocks. They have done well over the years. Today, I would like to compare two solid companies in which both you have used or heard of their products. First, Bristol Myers Squib. According to their website, the company was founded in 1887. It was formerly known as Bristol-Myers Company and changed its name to Bristol-Myers Squibb Company in 1989. BMS is headquartered in New York, New York. They have several drugs on the market with their flagship med, Erbitux. But, here are the real numbers. The company provides 5.8% dividend yield.


Second company, is Baxter. You may not have heard of this company, but you or someone you know have used their products if they have been hospitalized. Baxter International was founded in 1931 and is based in Deerfield, Illinois. Again, solid numbers, but the Dividend Yield is on the low side. Regardless, this company has been around for years, and as long as there are going to be sick or injured people here or abroad this companies products will be in demand.

Invest to buy and hold.
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