3 Dividend Investing Tips That Could Earn You Thousands
Stock dividends are excellent tools to have in your investment income arsenal. Simply owning an index fund that mimics the S&P 500, for example, would deliver 2% today at a time when most savings accounts yield less than 0.4%.
There are even higher yields available if you want to go beyond that broadly diversified strategy and select individual dividend-paying stocks. Several members of the S&P 500 pay above 4%, and a few pay 6% or more.
That strategy exposes you to greater risks, though, so it's best to keep a few general tips in mind as you put together your income-focused portfolio.
Source: Fool.com
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With 42 Buy predictions and 3 Sell predictions Home Depot Inc. is one of the favorites of our community.
With a target price of 363 € there is a slightly positive potential of 9.57% for Home Depot Inc. compared to the current price of 331.3 €.