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Showing posts with the label Dividend Portfolio

Stock Back Rewards With Stash

Why use Stash? What is Stash ? Simple answer: Stash is an online banking platform. Online banks are banks that operate without physical branch locations. Without the costs associated with having a physical brick and mortar location, these banks tend to have lower or nonexistent fees and higher interest rates than traditional banks like Wells Fargo or Bank of America, for example. Most have no monthly fee, and some don't even charge overdraft fees. You will never have to meet face to face with a banker, and you can manage your account(s) at anytime on a computer or mobile device. These banks also provide ATM access through networks like Allpoint.  Why Stash as opposed to another online bank? Stash  does something entirely unique to the banking sector: Stock Back Rewards . Theses rewards function the same way as a cash back rewards does, but instead of receiving cash for your purchase, you receive shares of the company. For example, during Amazon's Prime Day promotion, Stash ...

Get Paid Monthly: The Dividend Stock Portfolio

My Monthly Dividend Portfolio     My  dividend stock portfolio is equally weighted (all equities are equally proportioned). Thus, my dividend payouts vary greatly depending on which equities are paying out a dividend that month, but it can easily be adjusted to generate a more steady stream of passive income throughout the year assuming these companies continue their dividend payouts. This portfolio consists of 2 companies that pay out a monthly dividend, 6 that pay quarterly, and 1 ETF paying a monthly dividend. The quarterly dividend companies are picked based on the months these companies typically pay out their dividend in order to ensure that 2 companies are paying out a dividend each month. Overall with this portfolio, you will be receiving 5 dividend payments every month.  Quarterly Dividend Companies: January: Comcast (CMCSA) and Verizon (VZ) We could very well argue that both Comcast and Verizon are members of oligopolies in their industries. Comcast owns an...