Top Dividend Stocks

Top Dividend Stocks

Top Dividend Stocks

 

What are Dividend Stocks?

Dividend stocks are stocks that pay out a portion of their earnings or profits to shareholders. These payouts are usually done quarterly, and there are a few stocks that will pay their dividends monthly, but are they top dividend stocks?

Dividends give shareholders an added incentive to own or hold the stock even when the stock price is not rising or even dropping. The amount of the dividend is done as a percentage of the share price.  Typically, the dividend percentage runs in the 1% – 10% range with some stocks paying less, and some stocks a bit more.

Dividends can be raised, lowered, or even done away with by the company, although the outright elimination of a company’s dividend is somewhat rare.

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What are Top Dividend Stocks?

So, how does one define top dividend stocks? There could easily be many definitions of top dividend stocks.  They could be stocks that have a high dividend yield. Or stocks that have increased their dividend over the years.  They could be stocks that have a high dividend yield, and have increased their dividend over the years.

They could be top performing stocks that have recently decided to include a dividend. They could just be solid, stable companies that pay a dividend, no matter how small or large the dividend yield or payout. In my humble opinion, top dividend stocks are also DRIP stocks.

What are DRIP Stocks?

I am glad you asked.  DRIP stocks are dividend reinvestment plans, or dividend reinvestment programs. Some companies that pay dividends allow for the reinvestment of the dividend payout to shareholders into the purchase of more stock in their company.

Many of these companies also allow for the direct purchase of their stock initially with no fees. They also allow for the reinvestment and additional purchase of shares with no fees. Did you catch the no fees part? Stock investing simply doesn’t get any better than this.

DRIP investing is more of a long term strategy or play than a short term one. By having the dividend reinvested in more stock, instead of taking the dividend payout, you are harnessing the power of compound interest.

Over time this can accumulate into a substantial number of shares which can provide a significant source of income, while maintaining, and even growing the principal, which in the case of DRIPs is stocks.

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This can all be accomplished over time even if you don’t invest more in the program. If, however, you want to speed up the process, and increase the number of shares, as well as the corresponding amount of the total dividend payout, you can invest more money into it with periodic purchases.

These periodic purchases are also no fee, in a no fee DRIP.  Some even incorporate dollar cost averaging, which can provide a much healthier long term outlook for you.

Albert Einstein once said about compound interest:  “Compound interest is the eighth wonder of the world. He who understands it, earns it, he who doesn’t pays it.”

This combination of no fees, and dividend reinvestment, make DRIPs are very attractive long term investment strategy, and separate DRIP stocks from other types of long term investing such as mutual funds, index funds, etc.

Another great benefit of investing in DRIPs is the option of reinvesting part of the dividend in more stock, all of the dividend in more stock, or none of the dividend in more stock.

This could become very important once you have enough stock accumulated to start taking some dividend payouts, such as for retirement. or if you just need some extra cash.

You can take say a 75% payout of the dividend, and leave 25% in for reinvestment, keeping your stock principal growing. You can take more or less, or all or none, it is entirely up to you.

 

Which DRIP Stocks Should I Choose?

The DRIP investing strategy that I suggest is one where you invest in strictly NO FEE DRIPs in different sectors of the market to give you some diversification. You should pick stocks that have at least a 2% dividend yield, and ideally you want companies that have shown great stability, and increased their dividend consistently over at least the last 20 years.

Some sectors to consider are Health Care, Energy, Insurance, Real Estate (REITs), Pharmaceuticals, Manufacturing, and Automotive.

Some NO FEE DRIPs within these sectors to consider owning are:  AFLAC, AbbVie, Emerson Electric, Exxon/Mobil, HCP, Genuine Parts Company, 3M, and Johnson and Johnson.

The only real risk with DRIPs is a reduction or an elimination of the dividend, and of course with the company itself. If you invest in solid companies stocks though, you will have minimal risk in the underlying company going out of business.

It is possible that the dividend could be reduced. If this happens, you may want to consider selling, and buying another DRIP for your portfolio, but I would only sell if the dividend reduction was substantial, and if it happened more than once within a relatively short period of time.

Also, if there was a significant problem with the company’s business, you should consider selling the stock. These scenarios are somewhat rare, but you should monitor your DRIP stocks on a consistent basis to make sure that everything is hunky dorey with your investment.

Even if there is a drop in the stock price, as long as the dividend remains the same or only slightly lower, and there aren’t any serious problems with the company’s business, I would hold the stock. Remember this is a long term strategy. It is likely that there will be some price swings during the time that you own it.

It is very easy to check on your DRIPs online anytime you would like, day or night.

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Your TakeawaysTop Dividend Stocks

I believe DRIP stocks are an excellent way to set yourself up for the future. You can buy these NO FEE DRIPs without up front fees, or fees for the reinvestment of the stock dividend. You are harnessing the powerful principal of compound interest by utilizing DRIPs.  You can add to your position without fees of course, to accelerate the process.

A good way to add to your position is with dollar cost averaging. Buying these DRIPs in different market sectors will provide you some diversification, but if you buy solid companies with good businesses, and a track record of earnings/dividend increases, you will have little worry about issues down the road.

Another great feature of DRIPs is that you can take none of the dividend, and reinvest it all, or take some of the dividend, and reinvest the difference, or all of the dividend.  By reinvesting some or all of the dividend, you continually increase the number of shares that you own, ensuring in almost every case that your principal will always be there when you need it.

Time is truly of the essence with this long term strategy. The sooner you get started, the more you will have in later years. If you do you will never have to say, ‘we didn’t plan to fail, we just failed to plan.’

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2018 Wealthy Affiliate Reviews – Scam or Legit

 

2018 Wealthy Affiliate Reviews – Scam or Legit

If you are at all like me, you have looked at, and joined many online money making opportunities.  You have wasted not only money, but precious time as well.  In 2018 Wealthy Affiliate Reviews – Scam or Legit we will delve deeper into this program.

2018 Wealthy Affiliate Review - Scam or Legit?

I have learned to check things out thoroughly before jumping into any opportunity. I have also learned to stick my big toe in the water first before I take the plunge.

So what is the deal with Wealthy Affiliate? I’m sure you have seen it in many other places on the internet, and it has likely piqued your curiosity as it did mine.

Is this just another opportunity that will get my hopes sky high, and dash them like an ocean wave crashing against the rocks? Or does it really have merit? Is this a legitimate program that will deliver, and provide me a way to make a living online?

Will Wealthy Affiliate afford me that ability to work from home, or at the office, or at the beach, or wherever I choose? Will I finally be able to stay home with the kids, and not have the stressful early morning, dangerous commute to work every day?

Will I be able to work just as easily from my winter destination in Florida, as I can from my home in Chicago? Can I build something that will provide enough income so that I can quit my 9 to 5 job at some point in the not too distant future?

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What Wealthy Affiliate Is Not

Wealthy Affiliate is not a get rich quick scheme! It is not an opportunity where you will be dazzled by the fancy cars, big houses, or huge checks of the person in front of the camera. You won’t find a guy or gal that will tell you their ‘success’ story of going from rags to riches because they found the same program that they are telling you about.

You won’t watch a one hour hype video to get you excited about a get rich quick opportunity that you will be badgered to buy at the end. You won’t be constantly made to feel like a loser if you don’t upgrade to an expensive level, only to be upsold again once you get there.

You won’t have to worry if you can pay your bills at the end of the month because you were forced to spend so much money just to stay in an expensive program that is full of false promises.

You won’t have to spend every spare minute trying to learn, and practice some questionable or even ‘black hat’ tactics that could land you in hot water, and force the program to be shut down by the authorities.

You won’t be left alone to fend for yourself if you have questions, need advice, or just want to see how someone else handled the same situation.

Can Anyone Join Wealthy Affiliate?

Wealthy Affiliate does not require extensive, or specialized education to join. You won’t need a lot of online experience or expertise to join or to become proficient in the activities.

You will never need to invest a lot of money in Wealthy Affiliate to either join, or stay in the program, or get to a certain level in order to qualify for bigger commissions or bonuses like so many other online programs.  In other words, you will never feel trapped, or taken advantage of.

Almost anyone can join Wealthy Affiliate. No experience is necessary. No technical knowledge is necessary. It is helpful to have at least a basic understanding of computers, and the internet, but likely you wouldn’t be here if you didn’t have at least that.

There is no real age limit to join Wealthy Affiliate. As long as parents give permission, even kids under the age of 18 are welcome to join.

What Wealthy Affiliate Actually Is

Wealthy Affiliate is about teaching you, and providing all of the tools, and support you need to build a long term business online from scratch.  You provide a passion or passions, and WA provides the education, the websites, the hosting, the community, and the support to make you successful.

Everyone is passionate about something. So, whether you are passionate about fishing, motorhomes, macrome, the stock market, drones or just about any possible subject or aspect of life, you can build a business around it at Wealthy Affiliate.

You choose an interest, and Wealthy Affiliate shows you how to build a website(building a website is simple within Wealthy Affiliate), attract visitors, and earn revenue.

What interests you? What are you passionate about? We all have a hobby or something that gets us excited and motivated when we think about it. There are MILLIONS of different ideas that you could potentially tap into online and we are going to help you come up with your very own “topic” within Wealthy Affiliate.

Building your very own website is SIMPLE within Wealthy Affiliate. The process takes less than 30 seconds to build a beautiful looking, mobile-ready, and revenue ready website. Your website is going to be the foundation of your business and what will ultimately lead to a successful venture.

Your goal before you try to make money with any website is to focus on getting actual people to that website. Without people, you have nobody to sell or advertise to. This is a critical aspect of your business.

Once you have an audience (traffic), one way you can drive revenue to your website is through special programs called “affiliate programs” which are completely free to join.

Affiliate programs allow you to promote pretty much anything you can imagine without having to own or create the product yourself. No inventory. No shipping. No product support. And you can be located and operate your business from anywhere in the world.

What is your dream of success? $500/month? $1000/month? $10,000/month, 50,000/month? Beyond? These are all fully possible with the education, the skills, the websites, and the helpful community you are going to be able to make full use of at Wealthy Affiliate.

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What is Wealthy Affiliate Like From a Member’s Point of View?

I have been a member of Wealthy Affiliate for just under 2 years. I can honestly tell you that WA has far exceeded my expectations. I have been involved in and wasted a lot of money and time in online programs that only disappointed me.

Wealthy Affiliate is an affordable, honest, exceptional online business opportunity that does all it says it will, and much, much more.

They have provided me an exceptional online business building education, and provided me with state of the art tools, and services that are needed. The help, and support is 24/7, and has helped me numerous times.  Possibly the best thing about WA is the enormous community of other like minded WA members that all have a helpful, friendly attitude.

These like minded members, many of whom I also call friends, have given me boosts of motivation, as well as suggestions that have helped my business along the way.

I, of course, have helped other members as much as possible, to the extent of my knowledge and expertise, and if I don’t have the answer, I suggest they pose their question or concern to either support, or other members to get their questions answered or their situtation resolved.

I also really like that Wealthy Affiliate has in addition to 24/7 Support (Live Chat, SiteSupport, Q & A), they have Personal Mentoring, Training Courses, Step by Step, and Weekly Live Classes (and 100’s of hours of replays).

Wealthy Affiliate has enabled me to share a lot of the knowledge, and expertise that I have gained in my life with other people. It is a good feeling to be able to educate, and otherwise help people that need assistance within Wealthy Affiliate and/or are interested in what I have knowledge of, and have experienced in my business and personal life.

In addition, I am able to monetize my websites with affiliate links, and banner ads, among other advertising means that help me grow my business.

It is a great feeling to share my passions with others, and make money too!

Joining Wealthy Affiliate is one of the best decisions I’ve ever made, and I fully intend to be a WA member for life.

How to Get Started

You can get started as a Starter Member in Wealthy Affiliate for FREE! You will get 2 FREE websites, access to training classrooms, live support, and you don’t need a Credit Card to join! This awesome FREE membership will give you a chance to experience Wealthy Affiliate and everything that it can offer you. There is zero risk to you.

2018 Wealthy Affiliate Reviews - Scam or Legit

Click here to join Wealthy Affiliate FREE

2018 Wealthy Affiliate Reviews – Scam or Legit