| Saturday 4 August 2012 THAT WAS THE WEEK THAT WAS Re-invest My Dividends? - Not Likely!
By Malcolm Stacy Hello Share Mates,
There are share twiddlers out there who re-invest their dividends into more shares with the same company. They do say this is a great way of adding to your wealth.
But I don't have plans in place to re-invest my dividends. For one thing, it gets in the way if you need to sell those shares quickly. You might want to do this to raise funds for some project or other. Or you might want to get rid of the stock because you fear the worst.
So a plan to automatically re-invest dividends is not the answer for me. I might also have to pay a broker to do it for me each time.
Click here to view the rest of the article 101 WAYS TO SAVE MONEY By Tom Winnifrith
Every week, ShareCrazy will excerpt a part of Tom Winnfrith's book 101 ways to save money in a recession.
Number 38: Go to free events and TV shows
Yes you can. To see listings of carnivals, fiestas, balloon tournaments, you name it, which are happening throughout the UK go to www.free-events.co.uk - for a family day out at zero cost. Remember to take a packed lunch as takeaway food at most events is a) expensive, b) disgusting and c) more likely to give you food poisoning than your average packed lunch. Or how about entertaining the kids by watching a TV show being filmed?
Heck, for some of the offerings on BBC3 you turning up in the studio with a family of four would probably double the total global audience. Oddly, it is not the obscure shows that no-one cares about that demand a live audience, it is big name shows like Strictly Come Dancing. To watch all the excitement as it happens (yes, this is irony on my part), go along and register at www. bbc.co.uk/showsandtours/tickets - and have fun.
Buy the book now for just GBP6.99 +postage CLICK HERE BOOK OF THE WEEK By Richard Rumelt
A book review by Aaron Padgham of t1ps.com Richard Rumelt's book, Good Strategy, Bad Strategy explains the very definition of a strategy - a coherent response to one's obstacles in order to progress, and whether you're a high-flying CEO, head of a charity or the coach of a local sports team, you will know, or are soon to learn that the creation and implementation of a focused 'good' strategy is a key requirement to success.
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Regards,
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