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For those of us who are scared to lose $100 or more in a day, dividend stocks are one of the ways to go.
Thay usually are less expensive and more stable than larger stocks, but do not grow as much. instead, they ofer larger quarterly payments to shareholders (I have seen $1.40+ per share) which means that if you hold onto them, they can bring in a hefty profit which you can invest in either more stock, or just liquid assets. In fact, this is my favorite way of investing!
Recently, while surfing through ETrade, looking for some good stocks, I noticed that the energy sector was way up. Upon closer investigation, I found a few companies who were doing exceedingly well in various energy categories. I compared these stocks, and the leader was (drum roll)...ALJ
ALJ has been doing exceptionally well, and had gone up $10 a share in less than 6 months. Then suddenly, not too long ago, they had a small oil spill (their first in a while) and there stock dropped a few dollars. I saw the perfect opportunity to invest, and hopped in. In only a few days, I made $100 off a $4k investment. They also give a 16 cent dividend, so even if they do go down a bit, you will make some hefty interest from each approx. $40 share.
I just had to include this. After all, I have read so many success stories and how "19 minutes a day" or "$1,000 a week' can make you a millionare, that I just had to point out some deent, trustable finincial magazines so that you know whether it is true or not. Forbes and Kiplingers are the only two that I read, but there are a few others out there too. Remember that you can email me at any time (firstname.lastname@example.org) to suggest I ad, edit, or include something.
This blog is open, so anyone can post here. This is the idea that I hope to maintain at this blog, where you can post your success and failures stories of finance and all things related. This site is ad supported, but only be the ads that I put in my posts and the google ads and search box at the top, so if you like the site, make sure to click occasionally,and tell your friends and family about it!
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