Together Stocks Rise, Dividend They Yield!
One of my most favorite subjects in the world is making money passively. Because you just do something one time and it pays on a consistent basis. The epitome of passive income I would say would be income stocks which pays dividends. Income stocks works a little different than your every day growth( which is well known form stocks which appreciate at a constant basis adding more to your net worth) and Then you have income stocks which pay annually,quarterly,or monthly depending on he corporate contract.Growth stocks ,after turning a profit usually reinvest the profit in itself usually buying equipment or things that qualify as assets.While dividend stocks divide profits among shareholders which allow the individual to get a certain amount per share the restricted contract paying period. Income stocks usually appreciate at a slower income but I would say it creates a consistent source of income.Some people well invested in these stocks sometimes take home 6 figure checks because they invested in dividend stocks so long.The strategy I propose today is try to incorporate a few dividend socks in you in your portfolio so you could avoid counting on he stocks o appreciate and make money whatever happens.
0 comments:
Post a Comment