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Earn Money Simply by Using What You Know
* The information below is my experience with dividends and is meant for educational purposes only. *
Over the last few years, I’ve been developing my financial education. Maybe you’re like me and weren’t raised with an in-depth look at the basics of finances. I laid out the basics in case you were interested in diving into the journey of growing your finances in 2022.
This is another stone on the path of wealth creation.
After my time at the school of hard knocks — day trading — where I tried to make cash quickly. I had already learned a good amount about the stock market, so, I wanted to use that knowledge. Specifically to earn money by using what I knew. Though, I had to shift my strategy to something I could afford. Something with less risk and more consistency.
Dividend Stocks.
I’ll keep it simple for now but will have an article out soon explaining more in-depth about them. Dividend stocks are stocks that give you money on a set schedule from the company you have stock from.
A few notes:
— Not every stock offers dividends
— Do your research before you buy any
— Understand the risks involved whenever diving into the stock market
— Dividends have specific tax implications you should research
