What Is Yield On Cost? When investing in dividends, an important idea is “yield on cost.” If you’ve never heard this phrase before, it is OK, but it is terribly important to understand. Yield on cost is basically a short way to say: “The current return you are getting on a security compared to the … Read more
You diversify your investments just in case, you purchase health insurance, car insurance, home owners insurance, and countless other preventative products, so why do you depend on one company for your income? Often overlooked, people put all of their “income eggs” into one basket. Growing retirement income is an excellent and highly suggested path to … Read more
Build Wealth With Passive Income You may have read about how passive income is important and that even millionaires and billionaires use it to their advantage. Passive income is very much a “brick by brick” approach, and won’t result in your being rich over night, but over time it will build a nearly impenetrable wall … Read more
Dividends are one of the most basic forms of passive income. They tend to be consistent, and they aren’t hard to obtain. Dividends are paid by stocks, bonds, ETFs, mutual funds, and are often noted to be one of the best ways to invest. The main reason, when looked at on a longer timeline, is … Read more