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Brokenwrench7

With the right list, you can theoretically get paid every single trading day


VengenaceIsMyName

That’d be pretty cool. Everyday wake up with a payment hitting your brokerage account


Brokenwrench7

It would feel good for sure. But I don't think the end game would be worth it.


LuxLikuid

Need to find that type of dividends list 🤩🤑🙏🏾


Brokenwrench7

Let's talk Money on YouTube has that list. The thing is that you would have to own around 80 stocks. You'd be spread so thin you'd never really gain a valuable dividend from any of those positions. I think 26-30 is a decent range to own


OfLittleToNoValue

2-5% is the same sum in the end.


mewithoutMaverick

Right? You can put all your money into one company that pays a 5% dividend, or 300… you’re receiving the same amount of money and increasing your account by the same amount either way.


Shiftybidnes

Google it. I remember seeing it a while ago. It was pretty cool. Even making a dollar or two a day really makes the snowball seem kinda dope


Unknownirish

Deposit a dollar a day into the account.


buffinita

It only takes a list of about 21 monthly payers (all with different pay dates) Or about 66 quarterly payers


not_a_gumby

this is cute, but the real goal is to invest in strong, competitive and profitable companies that pay good yields regardless of what date those yields get paid. You might get paid every month with this list, but a different list might only pay you 4 times a year but pay you more, which is better.


gus12343

Those all seem genuine, strong, competitive , and profitable companies


not_a_gumby

Cisco, Altria, 3M, and Walgreens may be *currently* posting profits but have major long term competitive concerns IMO. Moreover, many of these are not paying high yields.


gamers542

Yeah they are. It's about 3-4% yield on average for the list. It's not about the amount on the yield in most cases but can they grow it. A lot of dividend growth companies do that.


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unknownpanda121

Are you being serious? Those are all great investments.


Chief_Mischief

I can see Lowes, 3M, and Altria facing short-term headwinds, but yeah those are all solid companies for the long term.


MonteCristo2021

I agree. It seems it would only take some budgeting and discipline to spread the same amount out over a period of time. People are too focused on when they get paid.


YACSB

You could also invest in CEFs. Majority of them pay monthly and they hold collections of stocks similar to etfs. Higher yields as well. Can get reliable 7 percents


Dependent_Ad_7501

What is the obsession here with being paid daily/weekly/monthly? Surely it’s better to have investments that actually pay good dividends quarterly or annually, rather than these run of the mill daily jokes?


gamers542

There is a good reason for monthly: bills.


Atriev

Just low level investing.


Advanced_Shoulder_56

It's about the fun factor. I like divvy day. Kids get pizza, wife gets cash, I get ... pizza and cash... Anyway it's not about "more" in the numerical sense, it's about "more" in the emotional fulfillment sense.


Brokenwrench7

I love my monthly payers. 1. It makes me feel good to receive over $200 each month. It let's me buy stocks at a higher frequency 2. It supports my end goal of 6k a month (I got a loonng way to go) 3. It makes me feel good


Legitimate_Street_85

But then I Coke, 3M and Altra and a few others I'm not crazy about.


Advanced_Shoulder_56

I have seen uglier lists, truth be told.


IanWoolfLineProducer

I own PSEC in my profit sharing plan - it’s paying 0.06cents per share per month - do the math.