There are people who likes to trade actively and then there are those who likes to trade once every few months. I, for one prefer the latter because I love the freedom of not having to worry and stressing out over daily prices. Who wants to constantly sit at their desk watching stock prices? There are better things to do in life.
If you prefer to trade every once in a while, then I suggest you look into investing in monthly dividend stocks because of the powerful compounding effect it has. I understand that investing in these type of stocks can be a bit boring compares to active trading. Patience is key and in the long-term, your hard work will pay off.
Some advantages of trading monthly dividends.
1. The amount of capital you invested will return much faster.
2. Less volatility.(less stress)
3. Compounding will happen much quicker.
4. You get paid every single month.
One example of a monthly dividend stock is Realty Income Corp(O), who claims to be “The Monthly Dividend Company” and is dead set on doing just that. Trading at $40.93 at the time of this article, paying out $.14 each month. For over 41 years, they have been consistently paying out dividends each month and that says a lot. These are the kind of companies you must look out for when doing your research and it is not without risks.
My goal is to make at least $1,000 from investing in these stocks each month and I’m already on my way. How would you feel if you make an extra $1,000 a month for nothing absolutely nothing?