The stock market can be a daunting place… even for somebody who’s been at it for decades – Trust me, I’d know!
I dread thinking back to the days when I was a newbie.
But if I knew I could force the experts to make me money and I didn’t have to lift a finger, I would’ve had a much easier time.
Luckily for you, you can now force the experts to make you money…
And it’s all thanks to a special strategy you can use with the click of a button.
To get into this simple secret, I first want to introduce you to dividends…
A dividend is a sum that’s paid for you for owning a stock. It’s like a thank you from the company to its shareholders.
Dividends can be paid out either monthly or quarterly.
Dividends are one of the most basic kinds of investment income, but that doesn’t mean there isn’t a bit of strategy involved in building a portfolio around them.
The first step to any serious dividend-focused investing plan is identifying companies that can be relied on to pay and increase their dividends year after year.
One way to build a growing and income-focused portfolio is with dividend reinvestment plans—or DRIPs.
A DRIP is something you set up inside your brokerage account that takes your dividend payment and reinvests it into the company it came from.
When that’s active, your money is making money.
But what about these experts who’ll be making you money?
We’ll get to that shortly…
The first step to any serious dividend-focused investing plan is identifying companies that can be relied on to pay and increase their dividends year after year.
The best way to identify this group of companies is through research into how they operate their business models.
Does their management team have an extensive track record of successful investments?
Are they forced into making difficult decisions because of market conditions (like recession)?
Do they have a history of developing new products or technologies that generate value for customers (which also generates cash flow)?
Are you bored yet…?
Yes, all of this information is great to know, but do you really want to be spending all your time going through the thousands of dividend-paying companies?
NO!
That’s where the experts come in.
There are people who get paid a lot of money to manage tradable assets called Exchange Traded Funds (ETFs).
ETFs can be bought like any other stock can, so you don’t have to be a stock market wizard to take advantage of them.
There are ETFs that are geared towards dividend plays. That’s where the real passive income is.
If you’re a Wall Street Informer Monthly member, you’ll know that we just bought one of my favorite dividend ETFs.
…I’m thinking this one will cash in BIG.
If you’re not, don’t worry!
You can find the dividend ETFs available to you with a quick Google search.
Either way, you now have all the tools that force the experts to make you money!
