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Dividend investing is the best and lowest risk strategy to grow long term wealth in my opinion.
What you basically do is put a large percentage of your total income into your brokerage and continue to buy more and more dividend stocks consistently over the course of 10+ years.
The idea is to gradually grow into 7 figures by re-investing the dividends and putting at least 5 figures a year into your dividend portfolio for at least 10 years.
Dividend stocks are a great way to grow passive income, but you must be patient and allow the dividends to be reinvested and know you will not touch your profits or dividend income for at least 10 years.
This is a very popular strategy as dividend income is a great way to have an extra source of income.
With the power of dividends and compound interest you can become rich through years!
1. Verizon (VZ)
2. Apple (Apple)
3. Microsoft (MSFT)
4. Realty Income (O)
5. Coca-Cola (KO)
6. J&J (JNJ)
7. Bristol Myers Squibb (BMY)
8. Altria (MO)
Music: bensound.com
Disclaimer: This is not investment advice, this is my just opinion and is meant for entertainment purposes only.
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