Feb 06 2009
Make Extra Money with Stock Dividends(Part 9)
This is part nine of a series on how to make extra money with stock dividends. We are continuing to conduct research to decide which stocks we want to invest in.
We are looking at the stock yield right now. We’ve already determined that just because a stock has a high yield that is not sufficient reason to invest in the stock. You also need to determine if the yield is sustainable.
How high of a yield should you look for? That depends on several factors. One of which what your goal is for your portfolio. I want to be able to live off my dividends in about ten years therefore I am looking for higher yielding stocks more than low yielding stocks with good growth. More on my portfolio in the next post.