Dividend King Position Doubled Hey everyone The market continues to go up, down and sideways. One tweet can change everything. It’s interesting to see the hysteria the media likes to play out and...
Category: Dividend Stocks
Dividend stocks are a great way to create a new passive income stream. They instantly can bring in some cash flow and the stock price may appreciate in value as well.
Dividend Growth Stocks are even better because they have a tendency to raise their dividend’s each year. This is the path I’m moving towards and you can see compounding happen pretty fast on a recent post I did Dividend Growth Investing – Looking 30 years into the future.
How do you start buying them? There are a lot of different options out there but we use our bank. Just go into your personal bank and ask to setup a direct investing account.
Figure out what kind of account you would like to invest in, (ie tfsa, resp, rrsp) and after the paperwork is done you can start buying your first stocks.
Now comes the part of researching what stocks you would like to buy. There are a lot of variables but look at what companies you purchase stuff from or do business with. (This makes it easier to do business with them as you would own part of the company).
Also you might want a company that has a history of raising their dividend and a safe payout ratio.
If you want a couple ideas you can view our current dividend Portfolio here, but as always do your own research before making a purchase.
It’s fun and addicting to get those dividend paychecks for doing nothing! Good luck
Hey everyone. I hope you have been enjoying the month of July. Time continues to fly by, but I feel we have been taking advantage of the summer this year. The weather has been...
Dividend Stock Watch list – July 2019 Hey everyone. Hope life has been good. Sorry for the delay in posts yet again. Last week we got sucked into stranger things 3 and watched a...
New Buy – Bad Timing Hey everyone. Hope life has continued to treat you great. Today I am writing you in regards to the newest purchase in our dividend portfolio. I made the purchase...