Financial Analyst and Activist Darnell L Williams
I want to thank the people who wrote me on facebook, AOL,
and contacted me on other media to tell me how much they appreciated my work to
educate the people on investing. People from all over the world read my
financial blogs. On the eastern Sea
Board of America, I heard from people as far south as Washington DC and as far North
as the Pennsylvania/New York boarder.
One person wanted help in getting into the market starting
with what brokerage services to buy. Then how to set up a portfolio. Another
told me that their children quote me on a regular bases. These people are very flattering
and shows that I am getting through to people.
Let me give the new grandparents a gift for their grand
children. The children may not care about it now but will appreciated it 10 to 18 years
later. Remember, life is one march from the birthing room to the cemetery. What happens in between is up to you and your family. Here is how you can help in moving your children and grandchildren in becoming successful in that period of time and help them become successful.
Take $30 per month or more, place this money in a
sharebuilder's account. To find out more, by clicking on: https://www.sharebuilder.com/sharebuilder/default.aspx
for one of your grandchildren. If you have more, then open one for each child.
Many of you spend 100s of dollars on each child on toys that get broken up as
fast as you give it to them. Instead of
doing that, why not save this money toward a car for graduation day, 18 years
away. You can open a custodial account
making you custodian of the account and in control of the assets until age 18.
Plus, if you are smart, you will use the child's social security number which
will make the money in the account tax free to you and taxable to the child at
the child's tax rate. Most of the time, that rate is 0%.
This account allows you to buy full and fraction of shares.
I suggest buying stocks with a good history of giving dividend each year. In my
opinion, AT&T (Symbol: T) is the
best stock. They increased dividends every year since at least 1984. click on
this link to see its dividend information.
AT&T Building
In my opinion, if your grandchild is born 2/13/2015, I would
send for the child's social security number 2/16/ 2015. Get the information
needed by going to the Social Security Website:
http://www.ssa.gov/pubs/EN-05-10023.pdf.
Contact
Sharebuilders and see if you can open an account now while waiting on the Social
Security number. Start putting the money into the account and buying the stock until
something changes in AT&T or at age 18. In our case the year 2/13/2033. By
the way, the parents can help increasing the child's wealth as well.
AT&T on 2/13/2015 at 11:30 AM sold for $34.65 with a
yield of 5.43%. This money could compound in the account four times a year for
18 years until 2/13/2033 or as long as it is in the account. Keep in mind that
this stock has raised its dividend from 1984 starting at $1.40 to February 2015 with a dividend of .47.
Wait, I said that the
stock increased its dividend every year since 1984? It did. click on the link below.
If you take into account 3 stock splits. The stock is worth
far more than before the splits and the stock dividends have vastly increased.
AT&T Inc. Historical Split Data
(formerly SBC Communications Inc./Southwestern Bell
Corporation)
Year
|
Split Information
|
|---|---|
| 1998 | March 19 — 2-for-1 common stock split |
| 1993 | May 25 — 2-for-1 common stock split |
| 1987 | May 22 — 3-for-1 common stock split |
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