Searching for stocks that pay dividends is easy with all the resourcses that are available today. If you reinvest your dividends, then your shares will grow more quickly. While most stocks pay their dividends quarterly, they are some that pay theirs monthly. I have made a list of some of these companies that pay dividends monthly. You can really increase the amount of shares you have, if you have stocks that pay dividends monthly.
Now just because they pay the dividends every month, does not mean they are a good company, and that I recommend them. I’m just giving you a way to keep your portfolio interesting. It’s fun seeing the dividends get paid to us. Seeing just exactly how many more shares are added to our amount, through dividends. I do recommend owning a couple of these on the entertainment level. It’s always a good idea to have a portfolio that is very well spread out over many different companies. For the small investor, I would not recommend putting more than $2,000 in any one stock, unless you own at least 6 other companies. Now one mutual fund is ok, since it’s already diversified. If you want to pick one stock, and just invest in it, so you can see your shares grow more quickly. Then that is fine, up to the 2,000 dollar mark. Once you get there, you need to find another stock to invest in. Once you own at least 6 stocks of 2,000 dollar value, then feel free to go back and invest more. You can then take it to the 5,000 dollar level in each stock. Just diversify yourself as much as possible, then you will be able to sleep better at nights.
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