Thank You Very Much from Darnell L Williams

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.

http://www.att.com/gen/investor-relations?pid=5673

 

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