Picking dividend stocks takes a lot of research!

The Stock Market Is Huge

My goal is to use the M 1 Finance app to build a portfolio of stocks that pay dividends. This type of investing is using earned income to build an asset that earns passive or residual income. The first step is to find dividend paying stocks that pay a good dividend with a high enough yield to make it worth the time and effort it will take to get it up and working.

Finding Good Information On Stocks

The internet is full of websites that offer information on the companies that make up the stock market. The trick is finding the good websites that offer good information on the companies that pay a good dividend. Must of the websites are just wanting to get your email address so they can try to sell you something. Every industry has those sites that are just trying to build their email list so they can fill your email box with tons of spam emails.

The Dividend Aristocrats

One of the first things I learned is that there are 57 companies that are called the dividend aristocrats that have paid and dividend for over 25 years in a row. These companies have also raised their dividend every year for those 25 years. I decided that these are the type of companies that I will start investing money into. In my opinion choosing companies that have a long history of paying and raising their dividends is the right type of companies to invest my earned income into.

I Picked 3 Companies To Start Investing

I picked 3 of the dividend aristocrats to start my dividend investing journey.

AT&T is the first company I picked, I bought 9 shares so far.

Leggett & Platt Incorporated is the second company, I have bought 6 shares so far.

Exxon Mobil Corporation is the third company, I have bought 2 shares so far.

All of these companies have been paying and raising their dividends for over 25 years. By picking these companies I will be earning dividends every month because they pay out on different months of each quarter. They all have over a 4 percent dividend yield.

I found a cool website called Sure Dividend that has tons of information for investors who want to research the dividend aristocrats.

If you want to start using the M1Finance app to build a dividend portfolio here is a link to signup and you will get 10 dollars to start out with.

This is a screen shot of what my portfolio looks like today, I will add screen shots with details on dividends earned as they come in and as I buy more shares.

The M1Finance app is free to use and if you sign up you will receive 10 dollars to start buy your first investment. Click the link to check it out.

Mark

M 1 Finance, one very cool investing app.

I have been doing some research on investing app’s for a while now. I looked at Stash, RobinHood, Acron, BetterMint and there was a few others as well.

The nice thing about these app’s is you can be your own stock picker and choose investments that you want to own based on what your investment goals are, without anyone giving you advice that you don’t need.

A lot of people love those ETF’s and Mutual Funds but they don’t really work for people interested in building an income based on dividends.

When I came across this app called M1Finance I knew I found the right one for me. I have a large amount of money saved up as a emergence fund that is only earning an interest rate of one percent. Now I can move some of that money over to this app and earn some real dividends and if I ever need the money I can get it back with just a few clicks of the mouse. The coolest part is I am the person who will be picking the stocks that will pay me the dividends.

I been doing some very serious research on the stocks available that pay monthly and quarterly dividends. It is mind blowing just how many stocks are available to pick from that pay dividends. I invested my first deposit into AT&T which is a high yield dividend of over 6.5 percent. From here I will start adding in my own stock picks that I have done my own research on.

I believe M1Finance is only available to people in America for now. If you want to check them out then here is a link to visit there website.

If you visit this link and open an account you should receive 10 dollars to invest in the investments of your choice.

If you decide to setup an account I would love to here what you decide to invest in.

What type of investment do you currently have?

I have a 401k at my current job but it is in a Vanguard mutual fund that is only earning a small dividend each quarter. I also have an IRA that earns a flat 3 percent interest rate.

Have a super wonderful day.

Mark, the Residual Income Teacher

I been studying dividend stock investing and it looks like a lot of fun.

I started studying a type of stock investing called dividend investing. I had never considered this type of investing until I came across the FIRE movement. Some of the bloggers in the FIRE movement are using dividend investing as a way to build a passive income with the goal of retiring on their dividend income.

The basic concept with this type of investing is buy stocks that pay a good dividend and hold them long term.

As you are paid dividends reinvest that money back in by using that money to buy more shares of stock. This is called DRIP, a dividend re-investment plan.

The blogs I have been reading have a lot of good advice. For starters they say to buy stocks that have raised their dividends for the past 25 years, these are called dividend aristocrats. There are over 50 of these companies.

There are lots of articles on different apps to do the investing with, I choose one called M 1 Finance. This app is fairly simple to use and has some really good features. One is you can setup an automatic deposit into your investments on a regular schedule. Second is you see your investments in a pie format which is kinda neat.

In this screen shot you can see my dashboard in the M 1 Finance app. I started out buying 250 dollars worth of AT&T stock. So now I own 8 full shares of stock and what is called a fractional share. The price of each share was 30.22, for now I set it up to add 35 dollars a week to the account and it all to be invested into AT&T stock. So each week I will be buying 1 full share and a fractional share.

I picked this company because it has a long history here in our country and I have been a customer of the company for 15 years. This company pays a quarterly dividend and the next dividend payment should be paid out in July. In this type of investing I will re-invest the dividends by using the money to buy more shares of stock.

I am not sure why but I had never took an interest into the stock market before now. I have seen people like Warren Buffet in the news but just never gave investing in the stock market a second thought. After finding these bloggers who are really into this type of dividend investing and seem to have a lot of fun writing about it I found an interest I never had before. Maybe this will give me more to write about and make me some money at the same time.

I am not sure but I think M 1 Finance is only usable by people here in America. I am new to this so I am not sure if other country’s have app’s that they can use for investing in the stock market.

That is all for today, have a super wonderful day.

Mark

(FIRE) The Financial Independence Retire Early movement.

Have any of you heard about the financial independence movement?

I came across some blogs who write about becoming financially independent so they can retire early. They call their movement F.I.R.E.

It is not just a movement, there is a whole blogging community that write articles on F.I.R.E. related topics.

There are a lot of these bloggers who have retired early by investing in the stock market and some investing in real estate and the bloggers earn commissions with affiliate marketing on their blogs.

I am glad to learn that a lot of people think like I do and think building a life time passive or residual income is better then working their whole life away at a job.

One component of F.I.R.E. is living on a budget and saving money instead of wasting money on things you don’t really need. Some people call this being frugal or minimalist.

Another part of this movement is investing as much of their earned income into the stock market as possible. Some of the bloggers say they put over half of their earned income into the stock market for years so they build up a very large portfolio. Some of these bloggers report that they have over a half million dollars in their stock portfolio’s.

If you want to check out some of their blogs just use Google or any search engine and type in this question. ( What is the FIRE movement? ) You should get enough results to find out everything you want to know about what the FIRE movement is and lots of websites and blogs to visit.

I don’t have enough time or money to invest in the stock market to retire early so that is why I teach residual income here at my blog. All you need to retire early with residual income is enough monthly income to pay all your bills and to provide you with the lifestyle you desire.

What our your personal financial goals?

Is financial independence and retiring early something that interest you?

What sounds better to you, lifetime residual income or investing in the stock market until you have a large enough portfolio to retire early?

Have a super wonderful day.

Mark, the Residual Income Teacher

What is Residual Income and how can it give you Financial Freedom

Passive Income & Residual Income are the best types of income because they will give you financial freedom and security!

The word residual means recurring, in this article I will be writing about the benefits you can have with a monthly recurring income that gets paid to you monthly, every month for the rest of your life.

Most of the work people do around the world is based on trading their time and talents for a paycheck, this is called regular income that you have to continue to work for your whole life to keep the paychecks coming to you.

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The people that earn residual income use a business system that earns income for them.

There are hundreds of different types of business systems being used today by people to earn a residual income. If you have read some of my other articles here at this blog you have probably noticed I am a big fan of Robert Kiyosaki and his books. Robert is a good example of someone who uses business systems to earn residual income. His book RICHDAD POORDAD was written back in 1996 and still is being sold all over the world.

Writing books is a business system that he uses to earn a residual income. Robert is also a real estate investor who has over 4000 rental units that he earns residual income from. He earns residual income every month from his business systems without having to do any work because his business systems earn the residual income on there own.

In Robert’s books he writes about several types of business systems for people to use to earn a residual income. The most important part of a business system is it needs to be designed in a way that will pay you a monthly residual type of income. That means the customers of the business system need to be monthly customers so there is a steady stream of revenue coming in every month.

A true monthly residual income can make you financially free if your business system has enough monthly residual income to pay all of your bills and enough for you to live your life as you want too. So you will need a business system that produces a monthly revenue to pay your bills and enough revenue to live without having to work anymore.

You will be financially free as soon as your monthly profits and revenue covers all your life expenses.IMG_352454452807806.jpeg

There are a lot of business systems out there so when I started looking at them, I first decided what I did not want to be writing about or promoting here at my blog. I really hate the business systems that involve physical products. Writing about or promoting physical products is just something I could never do myself. I also could never write about or promote anything that cost a lot to own or operate. So I picked an affiliate membership program that does not involve any physical products and only cost 10 dollars a month to own and operate.

Our basic membership package is only 10 dollars a month.

I have been an internet gunky for a long time and think the internet is the future for all of us people who like creating content for other people to see. I like building websites and blogs like this one you are reading right now. So when I found a website company that is designed to be a tool to build a life time residual income, I knew that this is the right business system for me.

The Income For Life Affiliate Membership Program.

The business system I am writing about and promoting with this blog is designed for content creators like you and me. I believe if you are a content creator and looking for a tool to build a life time monthly residual income, I think this is the right tool for you.

I know you are sitting there thinking, ( what is the work involved in this business system? ) What we want people to do is teach people about residual income and how they can become financially free for the rest of their life if they have residual income.

There are millions of people in this world who don’t have enough income to be able to afford the basic necessity’s of life. The way we can help these people is by teaching them how to use our business system to build a life time residual income. That is what I am doing right now, I wrote this article to help you understand how monthly residual income can give you financial freedom. We just want you to share our message with other people who need to hear this message.

Websites are a good way to provide training.

I am sure if you think about it you probably already know some people who have a real need to earn more money, our business system will give you the power to help them. All you will have to do is create some content to explain to them that you want to help them just like I am here writing this article right now. Our goal is to help people earn a life time residual income, is that something you would enjoy being a part of?

Think about it and if you decide it is something you would enjoy being a part of, I will be here to help you any way I can, we want to help as many people as we can build a life time monthly residual income so they can become financially free, that is why it is called THE INCOME FOR LIFE AFFILIATE MEMBERSHIP PROGRAM.

When you visit the training website from the link above I want you to understand one of the main points of the training. Our program is based on profit and revenue sharing where each person only does a small share of the work. In the training I illustrate how the program works if each person only has to do 25 hours of work. Sharing the work load is a very smart way to work because we all have very busy lives. The work we do is teaching people how it works. I am providing you with what you need to teach at that website as well. So this process is pretty simple, first you learn and then you teach what you learn to more people and they follow this same process.

Time Chart Diagram

In my training I am illustrating how that 25 hours of work will become a life time residual income. Once you have completed that small share of the work the monthly residual income will continue to grow as the process of training continues. This whole business system is based on 8th grade math so a person with an average intelligence should be able to understand it pretty fast.

Websites are good tools for training people online.

If you would like to have a conversation with me you can post a comment and I will get back to you as soon as possible. If you have questions ask them by posting them in the comments. One of the coolest things about blogging is we can have a conversation right here on the internet. It is like we are neighbors in a way because we can communicate with each other just like we were sitting in a coffee shop.

Have a super wonderful day,

Mark, the Residual Income Teacher