Most people work 40 hour weeks and get paid bi-weekly
I accomplish this bi-weekly payout through investing, by using my database skills I filtered and sorted market holdings (etfs, mutual funds, and individual stocks) that pay on specific times each month.
Below you will see screenshots per holding. Here is their explanations and importance.
These screenshots were taken on Sept 21, 2024.
The Price. This is the most important factor, I know that you are probably not super wealthy so these need to be reasonably priced, so you can afford to buy as many shares as you can. You get dividends per share ownership, so set up repeat buying, and AUTOMATE, AUTOMATE, AUTOMATE. You will forget so set up DRP (dividend re-investing) this uses the dividends you earn to buy more automatically, so you can buy when you can buy, but it buys automatically uses dividends to buy for you. See more details below.
Price history (average). I do not want holdings that bounce around a lot, the steadier the position, the more likely there will be little changes in the dividend operations. CONSISTENCY is the magic word.
The Holdings. What are the businesses in the investments?
Distribution frequency and values. How OFTEN do we get paid, and how much. Again consistency. This is often shown as pps pay per share. Note the Ex and Pay dates. Ex date is when those dividends are calculated vs your shares, pay date is when the dividends are paid to your brokerage account.
CLM Cornerstone Strategic Value
RIET Hoya Capital
The 2 above are consistent paying and pay every 2 weeks. This last one is my BONUS dollars, this is what I use for trips, charities, and funding for other investing, it is a lot more expensive but it pays big on some months which make it ideal for bonuses… And it does pay a bit more annually, its just NOT a consistent value and some months pay a lot more per share.
USOI Credit Suisse ETN
These 3 are my PRIMARY investments. But its important to note that there are more, a lot more, but I vetted and use these. YOU can use these too to set up earning money each month.
Here’s HOW you can set yourself up.
3 simple steps.
Step 1. Sign up for a brokerage account. This is an account that allows you to buy and sell holdings from various stock markets. I suggest using
Step 2. Link a checking account to your brokerage account. You will need a checking account to fund the brokerage account (put money into it this is how you get money from it as well). This is your chance to AUTOMATE a deposit into your brokerage account, set up a bi weekly deposit of a small amount, and every month INCREASE it until you exceed 12% of your GROSS annual income… if you want to be super wealthy go over 20%
Step 3. With step 2 automation set up, log in and buy as much as you can. Search for those holdings and buy them with the funding you have added.
THATS IT… just wait for your dividends… AND PAY YOUR TAXES ON THEM. Don’t mess with the IRS… You are now an owner of those businesses and you get paid for owning them.
If you found this information useful please leave a comment.
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