Jan 29 2009
Make Extra Money with Stock Dividends(Part 4)
This is part four of a series on how to make extra money with stock dividends. So far we’ve covered how to choose, open, and fund a stock brokerage account. The next step to cover is research. Actually you should probably start your research before you open your brokerage account but if not you definitely need to do it before you buy any stocks.
There are many sources available to learn about investing in stocks that pay dividends. My first suggestion is to go to your local library or bookstore and look for books on the subject. Books that focus on stock investing in general will be somewhat helpful but books that focus on dividend investing will be the most helpful. An excellent book on the subject is “The Ultimate Dividend Playbook” by Josh Peters but there are many other titles available. We’ll spend more time on research in the next post.
High yield dividend stocks are always my favorites. Don’t forget that Morningstar has loads of good information to make excellent decisions, and I don’t mean from the blogs and such. I mean, from the business information that is available on each company.
Good ideas.