How many shares of stock do you need to buy for $1000 a month in dividend income? How much should you invest for that monthly cash flow? I'll show you exactly how and highlight seven dividend stocks to buy now.
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We all love dividend income but how much do you need to invest to make $1000 a month? How many shares should you buy in some of the most popular dividend stocks? I'll rank seven of the best dividend stocks with yields over 5% and how much you'll need to buy in each to collect $1000 monthly income.
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Joseph Hogue, CFA spent nearly a decade as an investment analyst for institutional firms and banks. He now helps people understand their financial lives through dividend stocks, investing and ways to make more money. He has appeared on Bloomberg and on sites like CNBC and Morningstar. He holds the Chartered Financial Analyst (CFA) designation and is a veteran of the Marine Corps.
Disclosures:
All content on this channel is for informational purposes only and should not be construed as professional financial advice or recommendation to buy or sell any securities. Trading stocks, ETFs, other securities, and/or cryptocurrencies poses a considerable risk of loss. Neither host or guests can be held responsible for any direct or incidental loss incurred by applying any of the information offered. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Should you need such advice, consult a licensed financial or tax advisor. When you make purchases through links in this video description, the author may earn a commission.
