Got $10,000 to Invest in October? These Stocks Could Generate Over $634 in Annual Income.
Put your money to work generating dividend income with these stocks.
Overview
"It takes money to make money."
You've probably heard that statement many times. And it's usually true. However, some assets allow you to make more money with less money.
Details
For example, investing $10,000 in the S&P 500 (SNPINDEX: ^GSPC) would generate only about $100 in annual dividend income. However, spreading that same amount across three stocks -- Energy Transfer (NYSE: ET), Pfizer (NYSE: PFE), and Verizon Communications (NYSE: VZ) could generate over $634 in annual income.
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.