Buying Dividend Stocks To Create Another Income

dividend stocks

“Do you know the only thing that gives me pleasure? It’s to see my dividends coming in.” – John D. Rockefeller on dividend stocks

As the name Joyful Dividends suggest, I am thrilled whenever dividends from good companies or investment holdings arrive in my bank account, “Ka-Ching!”. The sound of money coming in is sweet, ain’t it?

By investing continually in fundamentally great dividend stocks, you will find yourself creating another source of income automatically as time passes by. While there are definitely risks to investing in stocks, you can reduce these risks by buying into and building a diversified portfolio that gives you enough income to pay for your everyday expenses.

When you reach a point where your dividend income from stock investing is more than income from your job, maybe it’s time to retire and follow your passion? A glorious rainbow awaits those who start and persist in this journey of dividend investing. Keep it consistent, and you will find rich pickings at the end of the journey.

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How You Can Never Lose Money In Investing

Hello! At Joyful Dividends, I discuss investing your money so as to make consistent extra income safely. In order start investing successfully, it goes without saying that you should never lose money. If you want to achieve your financial goals with no hiccups or frustration, here are some good questions to always ask yourself. 

Whether you have just started working, been working a few years, or you are a retiree, you may have thought of how to invest your money at some point. It is not an easy question to ask. There are so many investment options out there. You don’t feel confident about investing because you have no financial background. You are very busy with work, family, children, socializing, and you have no time to monitor your investments.

If the above describes your situation, you may be thinking of looking for a good financial planner or advisor.

Before you do that…

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REITs: Investing in Real Estate Without The Hassle

real-estate-investment-trust

Hello and Welcome to the Joyful Dividends Blog. Other than sharing tips on saving money, making more income sources and living a life on your own terms, I hope to connect with readers who want to learn more about investing, invest better and sustainably. 

Today, I begin another series on how to invest with one of my favorite investment vehicles. It actually started more than 250 years ago! At that time, a group of merchants from the U.S. East Coast were discussing ways to build a pier in Boston. By raising funds from investors, they ended up owning the land and sharing rental income with all shareholders. They didn’t know it then, but these merchants were the founders of an early real estate investment trust, also known as a REIT.

Fancy Owning Part of the Building Where You Work? 

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Why Investing in Real Estate in Your 20s Can Make You Rich

investing-in-real-estate

Hello, and welcome if you are new here! On Joyful Dividends, I blog about my passion for personal finance, investing and how joyful dividends enable me to live a life that is location independent and on my own terms. I am mostly based in Ho Chi Minh City, a young and dynamic place in South East Asia which offers a very good lifestyle for the adventurous. 

Today, I am starting a new series on investing in real estate. Buying a house, how to buy a house at a young age and what is real estate investing is a topic I am often asked. Whether you are planning on buying a house at 25, buying a house at 27, or at any other age, it is a big deal.

While most people would purchase their first house to live in, maybe you can consider turning your first home into an investment property. While many people only start investing in real estate in their late 30s or 40s, you can start much sooner than you think. I’ll explain why getting your hands dirty in real estate investing early is something you should consider.

Turning Your First Home Into An Asset

In the aftermath of the subprime mortgage crisis, many people are uncertain about whether buying a house will pay off. One way your house purchase can pay for itself is to rent out the first house you buy. By turning your first house into an asset that creates income, you can overcome your imperfect credit and imperfect lifestyle. All it takes is a dose of cleverness and real estate homework.

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30 Ways To Make Another Income While Keeping Your Day Job

make more money

more income

Are you looking for ways to make an extra income every month, quarter or year? If so, you are at the right place!

Learning how to make a second income, and finding ways to do it quickly, is something that can help everyone.

There are many reasons for why you will want to start making a second, or even third income quickly.

Perhaps you just found your dream house and want to accumulate cash for the down payment, the trip of a lifetime suddenly appeared, or maybe your day job has lost its meaning and you are looking for a chance to make money without a full-time job.

You could also be trying to build an emergency fund so you are well prepared for any surprise expenses.

Regardless of your reason, making another income is definitely helpful. Making money and growing money go hand in hand, and both are important aspects of wealth creation. Starting young and accumulating more money can lead to freedom, less stress, better relationships, early retirement and so much more!

Learning how to make money quickly is possible, and sometimes the meaning of “fast” can vary from person to person. For some, fast means coming up with money over the weekend. For others, you may have a few years to reach your savings goals.

Whatever your interpretation and circumstances are, I have included many great ideas on how to make more money.

If you want to learn how to make another income, don’t stop here, keep reading more ideas on learning new skills, monetizing your existing abilities and becoming a better money manager.

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