Whether you think of Elon Musk as a visionary genius or an out-of-control madman, there's one thing you can agree on: he's a hyperactive, insatiable entrepreneur.
He can be criticized for dabbling in anything and everything, but his creative and visionary spirit, his ability to think outside the box and his sheer hard work command admiration.
Sorry about Elon, but I have to tell you a surprising truth: I'm an even busier entrepreneur than he is. This year alone, I've invented, manufactured and sold far more products and services than he has in 20 years!
I know, at this point you're thinking that Dividinde has flipped out, or that he's being dishonest or pretentious. And yet, here are a few examples of my latest activities:
- I helped launch a new cancer treatment based on immunotherapy.
- I've helped to make cars lighter and more energy-efficient, thanks to new high-performance polymers.
- I've installed thousands of elevators in China.
- I've sold hundreds of millions of bottles of water.
- This year, I transported over a million tourists to the Jungfraujoch.
- I've launched new electrical transducers for precise measurement of alternating currents.
As a shareholder in Roche, EMS Chemie, Schindler and Nestlé, Jungfraubahn and LEM, I am in fact a CO-OWNER of these companies and, as such, have contributed to each of the activities listed above.
By making funds available to a company, the shareholder supports its development and participates (indirectly) in the manufacture of new products.
I don't need to own an entire company, a small fraction is enough to satisfy me. For example, I own about 0.3 millionths of Nestlé, but that's just fine with me!
For the modest sum of 100 francs, you can already become a LIFETIME co-owner of one of the world's best companies, with a tradition stretching back over 150 years. You'll never be asked to work on an assembly line or deliver a truckload of San Pellegrino. You'll never be fired, and your salary will continue to rise year after year, as it has for decades.
Nestlé manages its staff, negotiates the price of raw materials, maintains its factories and produces coffee. For my part, I simply receive my dividends. This type of partnership suits me perfectly, and I wouldn't change the terms for the world.
Do you like Nesquik? I make them every day!
Have you heard of the anti-cancer drug Tecentriq? I have!
Do you know Severin Schwan? Ulf Schneider? These bosses work for me!
I told you: I'm an overworked businessman 🙂
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Excellent brother!
Shareholding and dividends are a marvel.
A blessing for humanity
I'm going to prepare my kids' Nesquick and think of you from now on!
Thanks frérot 😉
Oh yes, share ownership is a real marvel. And more broadly, I'd say capitalism is in many ways a great thing too.
I love to see my money working for me and reproducing on its own 🙂
Yes, but not everything is rosy with capitalism either. If that were the case, we wouldn't be here discussing financial independence...
True enough! But capitalism isn't good or bad in itself, it all depends on how you use it. It drives mad those who endure it, but liberates those who know how it works. It's a bloodthirsty monster with two heads, but one Achilles' heel: dividends 🙂
You're in great shape for the end of the year!
Yes, it has to be said that I'm by no means indifferent to capitalism.
Look at this completely schizophrenic example: The average salary at Johnson & Johnson (in the USA) increases from 2 to 3% per year, while the dividend has increased on average from 12 to 13% per year over the last 50 years!
Question: Is it better to be an employee or a shareholder of Johnson & Johnson? These figures show just how much the slave ("employee" in modern parlance) is fooled by the owner (shareholder)...
Those who work and create value for the company are exploited, and their work only serves to line the pockets of others. I'm not saying it's particularly noble to be a shareholder and get rich on the backs of others. On the other hand, I've chosen my side between being used by the system or profiting from its flaws.
2 to 3% per year is already enormous... I've been working for over 20 years, and except for promotions, I've sailed between 0 (most of the time) and 1%. In other words, nothing. At the same time as my bosses were crying because they'd supposedly run out of money, they were giving themselves pay rises. But I was laughing when I got my annual increase on my 10% dividend (even more than them, in percentage terms of course).
In short, I too am on the dark side of the force...
Don't forget that average annual inflation in the USA is 3% (average over the last 100 years), so 2 to 3% wage increases don't increase purchasing power in real terms.
These figures are very close to what we have in Switzerland once adjusted for inflation. You're talking about 0 to 1% salary increases. If I remember correctly, we should have something like 0.5 to 0.8% inflation on average in Switzerland.
Ok I thought you were talking about PG Switzerland. It's a misery either way!
The difference is that when you're an employee at J&J, your salary doesn't increase as fast as when you're a shareholder, but you get 2000$ per month on that salary. To get the same with dividends... you need a starting capital of a million 😀 and 99.999% can't do that => they're employees.
Of course it does. On the other hand, I don't think it makes much sense to compare active income with passive income on a 1:1 basis. 1,000 francs earned in dividends without having to lift a finger is more satisfying to me than a sum two or three times higher earned by busting my ass for another 😉
I agree