New York, New York (PRWEB) January 15, 2012
Albert Einstein once called compound interest the most powerful force in the universe. In an effort to better reflect that, SoRichIam Media has just included a new DRIP [Dividend Reinvestment Program] chapter in their latest release, The Answer Key to Avoid Debt Build Credit & Retire Rich, to better reflect the latest investment trend in 2012, stock buy backs.
Consumers and investors did not foresee the kingpen of comfort foods, Hostess, filing Chapter 11 for bankruptcy. Nor did anyone foresee General Motors or American Airlines when they sought bankruptcy protection. But if one follows Warren Buffett's investment philosophy, which is to find undervalued companies with a strong management team, one potential sign of a healthy company could be one that offers stock buy backs [DRIPs].
"Stock buy backs" suddenly became the trendy catch phrase used by savvy investors in 2012 when Warren Buffett announced stock buy backs of Berkshire Hathaway [BRK.A] last fall. Buy backs is just another term for a company that pays dividends.
The Answer Key to Avoid Debt, Build Credit & Retire Rich shares career placement tips and financial literacy for high school seniors, colleges students, new grads and new investors of any age. This new chapter addition in this easy read book introduces long term wealth accumulation using DRIPs. Readers will receive easy tips of how to find and purchase quality DRIPs on any budget.
The Answer Key to Avoid Debt, Build Credit & Retire Rich will be available in retail stores and on Nook, iBook and Kindle in February 2012. It is currently available on its website 15% off in January at SoRichIam.com.