If you’re an everyday investor who’s concerned about having enough income in retirement, I’ve got some good news. One of the most effective ways to grow a passive income stream is also one of the easiest to manage. A few minutes with the brokerage app on your phone is all it takes to set yourself […]
Rising tides don’t always lift all boats. The S&P 500 index reached new all-time highs several times since 2024 began, but many of its components have not participated in the rally. With most investors focusing all their attention on the artificial intelligence (AI) revolution, plenty of reliable dividend payers aren’t getting the attention they deserve. […]
The world’s greatest investors forged their own paths to achieve success. Warren Buffett used one-time textile manufacturer Berkshire Hathaway as a vehicle to build a huge conglomerate of diversified businesses. Ken Griffin formed hedge fund Citadel and employed multiple investing strategies to make a lot of money. But these two billionaire investors have some things […]
My top financial goal is to eventually become financially independent. The foundation of my strategy is to make investments that produce an increasing stream of passive income. I make a few new income-focused investments each month as I work to grow my passive income to the point where it will eventually exceed my expenses. This […]
AGNC Investment (NASDAQ: AGNC) has one shockingly enticing feature: a 15% dividend yield. But don’t get too enamored by that dividend; it comes with a great deal of risk. A better option would be a company that is so confident in its dividend paying ability that it trademarked the nickname “The Monthly Dividend Company.” Here’s […]
Occidental Petroleum (NYSE: OXY) is reportedly exploring a sale of its stake in Western Midstream Partners (NYSE: WES). The oil giant owns nearly half of the master limited partnership (MLP). A sale would enable it to quickly repay the debt it will incur by acquiring CrownRock. Here’s a look at why Occidental wants to cash […]
Warren Buffett continues to keep most of his powder dry. In the fourth quarter of 2023, he only bought three stocks, all of which were additions to existing Berkshire Hathaway positions. When Buffett is reluctant to invest, it’s worth paying close attention to the stocks that he is willing to buy. One of his recent […]
Investors who want to build a stream of dividend income that allows them to retire comfortably have a lot to smile about lately. Right now, a handful of top dividend payers are offering eye-popping yields. The businesses underlying AT&T (NYSE: T), Ares Capital (NASDAQ: ARCC), and Altria Group (NYSE: MO) have what they need to […]
The idea of passive income sounds pretty good, doesn’t it? You exert little (if any) effort while making money. Of course, you’ll need upfront money to make money. There’s no such thing as a free lunch. However, once you accumulate enough cash, generating passive income can be relatively easy. Want to make $10,000 in passive […]
Opening a money market account can help you accomplish your short-term savings goals, and finding a money market account, often called an MMA, with a high annual percentage yield (APY) can help you maximize your efforts. When you use an MMA, you often earn a higher interest rate than you would in a traditional savings […]
One of the greatest aspects of putting your money to work on Wall Street is that there’s an investment strategy that can work for everyone. Regardless of how much money you have to invest or your risk tolerance, there are stocks and/or exchange-traded funds (ETFs) that can grow your wealth. But among these seemingly countless […]
While the broader market continues to roar higher, the energy sector has taken a breather. In fact, it’s down 4.1% over the last year despite a 20% gain in the S&P 500. As oil and gas companies report their Q4 and full-year 2023 earnings, it’s becoming increasingly clear that the industry is fundamentally sound and […]