Starting Out With $5,000? 3 Stocks That Could Pay You Income for Life.
If you are new to dividend investing, you can create a strongly diversified income portfolio with just these three stocks.
Overview
If you are just starting out as an investor and looking to generate a reliable income stream, you should begin your search with companies such as Realty Income (NYSE: O), PepsiCo (NASDAQ: PEP), and Enbridge (NYSE: ENB). In fact, these three stocks could offer new investors a highly diverse portfolio with a relatively small investment of even $5,000. Here's a look at each of these high-yield dividend stocks and why they work so well together.
Realty Income is the largest net-lease real estate investment trust (REIT). That means that it owns properties and leases them to tenants, but the tenants agree to pay most property-level operating expenses. This reduces Realty Income's costs and risk because it doesn't have to handle day-to-day operations at its properties. The company owns over 15,500 properties across the retail and industrial sectors, including unique property types such as casinos and data centers. And its portfolio spans both North America and Europe.
Image source: Getty Images.
Details
Source
Originally published at www.fool.com.