Saturday, Oct 5, 2024

5 Steps to Start Making a Passive Income TODAY


5 Steps to Start Making a Passive Income TODAY


Hello world!

Today I will be discussing how dividends can help you achieving your financial goals. Dividends are a great idea for earning a passive income in 2023 instead of putting your money into the bank.

In this video I will try to explain what dividends are and how you should look at them. Why are some of the dividends paying more than others and should you always go for the stocks with the highest dividend pay?

I hope some things will be clearer after you have watched the video and hopefully the information is of use for you. Dividends are obviously only one way to start making a passive income, but it is definitely a way that should not be ignored.

Enjoy and see you next time. :-)

00:00 - Intro
00:16 - Welcome
00:23 - What are dividends?
01:33 - Apple example
02:13 - Verizon example
03:02 - Dividend pay amount
03:25 - Why should you invest?
03:38 - Step 1. Choose dividend-paying stocks
04:10 - Step 2. Build a diversified portfolio
04:35 - Step 3. Reinvest your dividends
04:59 - Step 4. Monitor your portfolio
05:13 - Step 5. Consider seeking professional financial advice
05:53 - Final thoughts


Did you miss our previous article...
https://trendinginbusiness.business/trending-videos/become-a-master-of-the-trends-trendshorts