How Investing $100 per Month Can Build a Portfolio That Pays Over $1,200 in Annual Dividend Income
Slowly build a meaningful income stream.
Overview
Investing is a long-term endeavor that can pay big dividends. A little bit can go a long way. For example, investing just $100 a month can grow into a portfolio generating over $1,200 in dividend income in about 25 years. At that point, your dividend income would more than cover your monthly investment level.
Here's a look at the math and three dividend stocks that could deliver this level of annual dividend income.
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Details
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.