25: How to Get Rich While You Sleep (What You Need to Know About Dividends)

Girl on FIRE

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3+ y ago 28:41

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🎙 Making money while you sleep sounds great, doesn’t it? And the good news is that it’s available to anyone when you invest in stocks that pay good dividends. It’s a great way to add extra income to your wallet and boost your financial goals. Income investing through dividends is also a great option for creating an income stream in retirement. But how do dividends work? 🤔

This episode discusses topics like:

🌟 How to choose which stocks to invest in when you want to earn dividend income;

🌟 What steps you need to take when you invest in stocks to earn an income; and

🌟 How to identify good dividend-paying stocks and how to identify the ones to avoid.

Links from this episode:

Episode transcript and show notes: https://www.papermoneyco.com/25-invest-dividends-stocks

Time codes:

00:00 Hello and Welcome!

03:28 How to Make Money From Dividends

10:49 Sponsor - FIRE and Investment Calculator Spreadsheet

12:49 Dividends and Your Investing Strategy

18:20 How to Invest for Dividends

23:38 Ways to Evaluate Dividends

26:57 Next Weeks’ Episode

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The advice shared on Girl on FIRE is general in nature and does not constitute financial advice. The information shared does not consider your individual circumstances. Girl on FIRE exists purely for educational purposes and should not be relied upon to make an investment or financial decision.

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