Who wouldn’t like to get paid? And by many of the biggest companies in America. Believe me, it is so simple…
A Good Thing
And not only once, but regularly. On a constant basis. Without fail. The money will just roll in, and from time to time the amount just goes up. Sounds like a sweet deal, yes?
Easy To Get
Yes, it is easy to make it happen. There is only one thing you need to do to get this whole thing in motion. But first…
What You Don’t Need
First, let’s review what you do not need in order to join in this bounty. You do not need a license. You do not need a permit. You do not need anyone’s permission. You do not need anyone’s approval. You do not need to prove anything. You do not need to pass a test. You do not need to belong to any group, organization, religion, or political party. You do not need to believe in any dogma. You do not need to join anything. You do not need to swear to anything, to pledge anything, or admit anything. You do not need to pledge some future payment. You do not need to meet with anyone. No one will visit you, no salespeople will call, no one will bother you.
So how to do it?
How To Get It Started
Yes, there is only one thing you need to do to get started. And that is: buy some stock that pays dividends. It’s that simple. Very simple.
Yes it is so simple, anyone can do it.
How Long?
You may ask, how long will it last if one does buy some dividend stock? That’s a good question to ask. And it deserves an answer.
As long as the company stays in business and pays dividends, it will pay you. From time to time business conditions change, and so a company’s prospects may change. Some companies will raise dividends, some companies will leave dividends unchanged, and sometimes a company will reduce or eliminate its dividend. Therefore, we consider the concept of “diversification.”
Let’s Diverse
What diversification means is one buys stock in more than one company. When times are good, one gets dividend income from all the companies. When times are bad, if some companies falter, one still can expect to receive some income. And when business recovers, it is possible for dividends to also recover.
Are There No Guarantees?
There are no guarantees in life. But some things go on for a long time. Some companies have been paying dividends for over 100 years. Picking companies that have lasted is a important consideration, but also picking companies that you consider will last is also important.
Another question
If some companies have paid dividends for over 100 years and continue to do so for another 100 years, what happens if I don’t live for the next 100 years? The answer is: your heirs will inherit the stock, and they will get the dividends. It just goes on and on.
So Just Get Started!
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The illustration of an Atlantic Salmon is from 1596.
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