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

Friday, March 7, 2008

Today's featured company- Paychex

Today’s featured company is Paychex. This company is a world leader in payroll services. Every midsize company I have consulted for tend to use their services. In fact, I really did not pay attention to the paychecks I received, but the name stuck to my head. Later, when I began my investing that it triggered my memory that this company has been around for a long time. What a brand recognition in the industry???

According to their website, It offers payroll processing services, which include the calculation, preparation, and delivery of employee payroll checks;

This company provides a good % dividend yield. Of course, you can also buy stock direct from the company..


Book value and intrinsic value are two ways to measure the value of a company. As you can see from the table below year after year their BVS has had a strong increase.


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