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Hi all. I am looking to buy stocks with dividends. It’s my first time doing this, and I find it overwhelming.
I’ve been putting this off too long.
A friend recommended Charles and Schwab.
I am thinking of taking money from my savings (Over a grand) and buying a bunch of stocks.
Input is appreciated!
Thank you.
TaraYou can’t diversify adequately into individual stock with that amount. Look into income mutual funds instead.
JakubSkip dividend stocks until your portfolio is large enough to live off it
MarkMost stocks have dividends but that don’t really matter. Research and understand why
BadeaSCHD for starters. if you wanna further focus on a DGI strategy or simply dividend investing you’ll need to know how to pick individual stocks, which will take you a few years to learn how to pick them, so the fast answer is SCHD.
AllenInstead of fixating on dividends, focus on total return (dividends + growth
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