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An Old Dividend Stock Investment Idea, for a New Generation
Successful retirement not to mention retirement planning takes more than advice and more than products. Successful retirement and retirement planning is a state of mind. How to create an atmosphere of shared goals about the future!
You have permission to publish this article either electronically or in print, free of charge, as long as the author bylines are included. A courtesy copy of your publication would be appreciated. Please email to mailto:charles@thestockopolyplan.com (Word Count 343)
An Old Dividend Stock Investment Idea, for a New Generation
Death and taxes! The certainties of life! And then, of course, there are the mortgage payments, the utility bills, phone bills, the car payments and thirsty automobiles. Add that to the grocery and clothing bills, and there appears to be more then just death and taxes as certainties of life.
Having the knowledge these expenses are fixed for most of your life, why not begin a plan to take care of the expenses? Why not have investment plans that will pay all the bills without using any out-of-pocket monies?
For example, the mortgage, why not begin purchasing stock in 3 different banks that have a history of raising their dividend every year? Purchase shares of stock in three banks that have staggered pay-out dividend dates. One bank that will pay their dividend in January, the other bank’s dividend paying in February, and the third dividend from a bank that pays in March. This will provide both diversity and a monthly dividend check, all year round. Build your position in these securities until the dividend from the banks takes a bite out of a bank’s mortgage payment.
Own 3 utility companies and 3 gas or energy companies, using the same investment strategy. Build those stock positions while you are employed to ease the monetary burdens when you retire.
Build a stock market portfolio that will provide you a dividend check every week of the year. All it takes is twelve companies that pay a dividend. Twelve companies to receive dividend checks every week of the year, for the rest of your life. Whether you find that goal worth the effort, bare in mind the only thing that comes without effort is old age.
Spend the time it takes to learn from others and take advantage of the experience of others. Make every investment dollar spent bring value in the form of cash dividends. You will find that investing in those companies that raise their dividend every year, coupled with stock appreciation to be a very powerful and effective wealth creating formula.
Web Site: http://www.thestockopolyplan.com
About the Author
How to begin the most cost effective method (no commission fees) of producing ever-increasing cash dividend income for the rest of your life can now be purchased at www.Amazon.com for $13.57, plus shipping. The effort to pick it up is all yours, as well as the determination to act after reading The Stockopoly Plan – Investing for Retirement. Author: Charles M O’Melia, an experienced investor of 40 years.
By: Charles M O'Melia
Most people are not ready for retirement:
And I'm not just talking about the money side of the equation.
I am talking about having something constructive to do when you don't have to go to the office anymore.
We recommend that you establish a communication process guaranteed to uncover what's important to you and your family - when you have all that time you always wished you had. This is the first step in setting priorities and getting buy-in from everyone, which will help you start sooner rather than later to create a plan and then execute it!
As consultants, business coaches, and Certified conflict prevention and resolution professionals - with combined experience of over 100 years helping executives and business owners plan for their future - the one element, required before anything can move forward, is a spirit of cooperation.
That spirit is either a natural result of an atmosphere of shared goals about the future, or it one they have refined or learned from scratch.
Strategic Conversations is a process you can learn that will provide enhanced communications for life. Their free resources and accompanying free research report will help you establish the framework for determining, among other things, the right financial planning strategy for you right now!
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