A high dividend may make a stock seem like a golden buying opportunity, but it's still trash.
The sad thruth about dividends is:
- You're actually losing money by focusing your investment strategy on stocks that pay dividends.
- The higher the dividend yield the more money you stand to lose.
Even if you're nearly broke you can start saving and investing today. The key is to start today, even if you can only put aside $10 a week. If you can start this week with $10 then you can turn it into more than $11,384 in 10 years and $52,407 in 20 years.Learn To Invest If You're Broke
Stock picking is tricky and most investors are better off investing in an index fund, but where's the fun in that? Buying individual stocks is much more exciting and if you pick the right ones you can make a heck of a lot more money than you would with an index fund.Here's What To Buy Today