One of my strategies that I have been adamant about over the
years is buying high yield dividend stocks to help build cash in your portfolio. I just looked at my two biggest earners and
calculated the amount of dividends earned since I bought the stock and I can’t
stress the point enough. Even if the
stock may be down in value the value of owning the stock will beat the
fluctuation in price.
Take CYS for example, it pays quarterly dividends but it has
a high yield. Even though my deficit is
-$12.85 after owning it only 7 months I made $64 in dividends giving me a net
profit of $51.15.
My biggest earner ARR has paid me $320.72 since owning it
back in June of 2012 and I am up $127.34 in equity.
This just goes to show that even with the ups and downs of
the market you still can make money off of a stock that pays consistent high yield
dividends.
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