How to buy yourself an income for FREE if you are already investing?
// Background //
I read a book called "Rich Dad, Poor Dad" in 2013 - in high school. 2 lessons that stuck in my mind were:
- The rich make money working for them.
- Assets put money in your pocket
Since then, I've been on a mission to find ways to earn passive income.
// Dividend Investing //
I found a perfect tool for myself to buy assets and make them work for me in Dividend Growth Investing.
Dividend Growth Investing = strategy of investing in companies with a strong history of increasing dividends over time for passive income.
// Buying Income //
I have been able to amass a dividend portfolio of $290k that generates an annual dividend of $9,629.22.
How do I use that money to buy income? Simple, I reinvest.
I generate $214.90 in dividends per year with my
$AAPL holding, I can buy 1.27 shares of
$AAPL with that dividend. 1.27 extra shares mean I get an extra $1.17 in dividends - hence I buy $1.17 of income per year.
Similarly, with all stocks I buy $427.23 of income per year.
And, the best thing, is it's FREE (you re-invest dividends) and works with any amount of money.
Every week I send my portfolio update transparently and teach you how you can invest long-term as well.
It is 100% free to join.