Comments on: A Money Saving Trip To The Grocery Store http://dividendmoney.com/a-money-saving-trip-to-the-grocery-store/ Helping You Make More Money And Grow Your Wealth Mon, 22 Feb 2010 13:23:19 -0600 http://wordpress.org/?v=2.8.6 hourly 1 By: pretender http://dividendmoney.com/a-money-saving-trip-to-the-grocery-store/comment-page-1/#comment-26312 pretender Wed, 18 Jun 2008 18:20:44 +0000 http://dividendmoney.com/?p=362#comment-26312 I like to combine your method with what I call "pretend investing". In your example I would "pretend" I had paid the normal price and set aside the savings for investment. I also "pretend" I have no dental plan and so annually put a few hundred or even a 1000$ I would have had to pay for dental work into the same pool. Some people "pretend to smoke" half a pack a day or instead of buying latte at Starbux say "let's not and pretend we did and invest the money we would have wasted" :-D With my pretend money I sometimes take a bit more risk: i.e. growth stock picking instead of dividend growth approach. After a few tooth cleanings and a year of not buying lattes I had several 1000 dollars set aside: I put it all into Potash Corporation ... back in 2007. The stock split in three and then doubled in price. OK, the lucky part of that last purchase was beyond my control but even Bank of Montreal stock would have paid me 6% dividend and while it declined it will soon be back trading in the 50$ range ... Great blog BTW. Keep it up. I like to combine your method with what I call “pretend investing”. In your example I would “pretend” I had paid the normal price and set aside the savings for investment. I also “pretend” I have no dental plan and so annually put a few hundred or even a 1000$ I would have had to pay for dental work into the same pool. Some people “pretend to smoke” half a pack a day or instead of buying latte at Starbux say “let’s not and pretend we did and invest the money we would have wasted” :-D

With my pretend money I sometimes take a bit more risk: i.e. growth stock picking instead of dividend growth approach. After a few tooth cleanings and a year of not buying lattes I had several 1000 dollars set aside: I put it all into Potash Corporation … back in 2007. The stock split in three and then doubled in price. OK, the lucky part of that last purchase was beyond my control but even Bank of Montreal stock would have paid me 6% dividend and while it declined it will soon be back trading in the 50$ range …

Great blog BTW. Keep it up.

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