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
Saturday, March 29, 2008
Stock of the day- BP Prudhoe Bay Royalty Trust
BP Prudhoe Bay Royalty Trust operates as a grantor trust. The company holds overriding royalty interests constituting a non-operational interest in minerals in the Prudhoe Bay oil field located on the North Slope in Alaska.
If you are looking for solid numbers, then look no further.. Low PE ratio, solid EPS and a wopping 13% Dividend..
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