Mastering Money 6/22/17
Our educational series on dividend paying stocks continues. We’ll examine a company you might have never heard of, that has increased its dividend for 44 consecutive years! Thanks to its dominant position in the medical devices industry, this Dividend Aristocrat benefits from several factors including a growing and aging world population. It is a wide moat company providing necessary services outside the high tech world of Silicon Valley that makes money year after year. Then Steve reviews the various types of annuities and defines terms like margin, spread, cap, and participation rate.