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An Old Dividend Stock Investment Idea, For A New Generation
By: Charles O'Melia
Death and taxes! The certainties of life! And then, of course, there are the
mortgage payments, the utility bills, phone bills, the car payments and thirsty
automobiles. Add that to the grocery and clothing bills, and there appears to be
more then just death and taxes as certainties of life.
Having the knowledge these expenses are fixed for most of your life, why not
begin a plan to take care of the expenses? Why not have investment plans that
will pay all the bills without using any out-of-pocket monies?
For example, the mortgage, why not begin purchasing stock in 3 different banks
that have a history of raising their dividend every year? Purchase shares of
stock in three banks that have staggered pay-out dividend dates. One bank that
will pay their dividend in January, the other bank’s dividend paying in
February, and the third dividend from a bank that pays in March. This will
provide both diversity and a monthly dividend check, all year round. Build your
position in these securities until the dividend from the banks takes a bite out
of a bank’s mortgage payment.
Own 3 utility companies and 3 gas or energy companies, using the same investment
strategy. Build those stock positions while you are employed to ease the
monetary burdens when you retire.
Build a stock market portfolio that will provide you a dividend check every week
of the year. All it takes is twelve companies that pay a dividend. Twelve
companies to receive dividend checks every week of the year, for the rest of
your life. Whether you find that goal worth the effort, bare in mind the only
thing that comes without effort is old age.
Spend the time it takes to learn from others and take advantage of the
experience of others. Make every investment dollar spent bring value in the form
of cash dividends. You will find that investing in those companies that raise
their dividend every year, coupled with stock appreciation to be a very powerful
and effective wealth creating formula.
Web Site: http://www.thestockopolyplan.com
About the Author:
Charles M. O’Melia is an individual investor with almost 40 years of experience
and passion for the stock market. The author of the book The Stockopoly Plan –
Investing for Retirement; published by American-Book Publishing. You can invest
in the book at
http://www.pdbookstore.com/comfiles/pages/CharlesMOMelia.shtml
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