Nope. 20 characters ā¦
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Like I said I get the sentiment and point youāre making but your original statement was false, and the example you chose extreme. Look up the meaning of mutually exclusive. Fact is earnings level matters hence why changing jobs for a better salary matters, why bonuses matter, etc because savings 30% (or whatever arbitrary figure you want) of Ā£10,000 is always less than than the same percentage of Ā£100,000. Itās not either or, but you need BOTH a propensity to save and actually earnings to save out of.
None of this means anything if you canāt save at all hence my point. I have many friends that earn far more than me but never have any money due to theyāre excessive lifestyle, no amount of bonuses can change that.
This is the reason why so many celebs/football players/boxers/actors go broke because they believe all they have to do is earn more money as they find it easier than managing with what theyāve already got
And the reverse is true, so you can want to save all you like but if youāre earning minimum wage and canāt cover your monthly costs of living then youāre equally fucked.
But yeah I donāt think weāre disagreeing, Iām just saying both matter and youāre emphasising the important of one particularly.
I know colleagues who live at home on the same salary as me who can save more simply because I canāt live at home coz my childhood home isnāt in London so Iām paying rent and theyāre not. No matter how much Iād want to save they can save more.
I also know people who have double my salary working in consulting who are my age mates and they can afford both a wicked lifestyle and save a bonus which shits all over anything I can put together out of normal earnings.
We canāt underestimate the importance of earnings too is all Iām saying.
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Just like to show the plus side to saving regardless of how much that amount is thats all.
Iāve spoken to people on here that say āIām only investing a hundred pounds a month or so im not sure if its even worth itā and my answer is absolutely it is. Saving and investing is a mind set and as the dispensable income increases theyāre position will get better and better, if they wait for the āperfectā salary before they take it seriously sadly theyāre life could be over before they do
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Only started in May this year.
This is from my ISA account.
And this is from my Invest Account, the actual return here is higher as I had to transfer these stocks out of my ISA and they had already experienced some growth.
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Why did you have to transfer the stocks out of your ISA, surely best to keep them inside if you could?
It was probably a case of shares that werenāt ISA eligible and had to be removed. moving the funds at time of sale to the Invest account to re-acquire them.
I can assure you those 100s and the odd 1000s are worth it. I was fortunate enough to fill my isa with approx Ā£20k over 2 or 3 yrs. I havenāt added since. Iāve been very lucky in my early days of investing that that Ā£20k has grown 15 foldā¦compounding once it ramps up.is amazing.
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Once you get the compounding going, it makes for a very happy portfolio 
I donāt know what stocks have done that for you, but this sounds exceptional depending on how long it took. I have some stocks that have grown 15 fold, but it took 20 years. My biggest mistake was not selling Sun Microsystems after fantastic growth and then watching it lose 90%. Growth 1987-2002.
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I got CHD from 2003 
with reinvested dividends. it is at 22 fold growth but like you said over 17 years. 18.7% CAGR so Iām perfectly happy with it.
also have AMD at 35x on a fairly short timeframe but this is just plain old luck with a very good entry point 2015-2020 ~ 82% CAGR
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A note for dividend growth investors like myself out there CHD has now paid enough dividends for my initial cost, so it is basically free money now? 
Technically, but if you think about it, because it was reinvested, you can still lose all the dividends paid since itās in the stock which can potentially go to zero. But if you started investing them in other stocks or keeping the money, then youād quickly get the āfree moneyā since youād have a big yield on cost now
Not happy my GSK position is in the red right now, and its not got the Div yeild I was hoping for, since the dividend basically does not increase at all. but should be a decent source of capital appreciation for the next 6 months.
Whats your average price on this? I have been considering adding some more whilst its around 1400 or below, 5/6% yield with some upside growth too.
I meant any dividend youāve got paid after amortisation level is āfreeā with an illogical āinfiniteā yield to cost ratio
how you spend that money is your choice you can go buy candies, or other stocks.
my initial investment was apparently $4.84 x 400 = $1936 on March 27 2003 which since that date paid $3339 in dividends. $454 in 2020 alone (473 shares due to reinvest)
so you can say my annual ācost to yieldā ratio is 454/1936 = 23.4% or be like myself and say its infinite
(edit Iāve kept buying additional shares tho, after the reinvest, but that calculation is beyond my laziness at this time so just including initial purchase)
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