Are you tired of paying your your mobile phone bill every month? What if you could get your carrier to pay it for you?
Believe it or not, there's a way that you could actually make that happen. All you need to do is to buy the company!
Or rather, you need to buy enough shares of stock in the company to cover the cost of your monthly bills through the dividends you might earn as a partial owner of the business. But how many shares would that take?
Our latest tool answers that question! We've plugged in the quarterly dividend and share price data as it might apply to an average monthly bill for Verizon (NYSE: VZ), but you're more than welcome to substitute the data that applies to your own mobile service provider. Or for that matter, any company that bills you monthly that also pays dividends to its shareholders!
If you're reading this article on a site that republishes our RSS news feed, click here to access a working version of this tool!
If you think about it, this is really the sort of thing that you're trying to accomplish for when you're not working any more through your retirement investments.
But nobody said you had to be retired before you could start working your way toward that objective.
Labels: dividends, personal finance, tool
Welcome to the blogosphere's toolchest! Here, unlike other blogs dedicated to analyzing current events, we create easy-to-use, simple tools to do the math related to them so you can get in on the action too! If you would like to learn more about these tools, or if you would like to contribute ideas to develop for this blog, please e-mail us at:
ironman at politicalcalculations
Thanks in advance!
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