A No Bull S**T Guide To Earn Passive Income Through Stocks

The rise of commission free stock trading apps like Robinhood and Webull has made millions of people interested in investing. A complicated means to earn money has been simplified to the point where anyone can do it. If you are reading this, then you are likely someone who is interested in investing and has gotten tired of the endless plethora of clickbait articles and videos on how to earn passive income in a matter of minutes. This guide will simply tell you how to establish the core ideals of passive income through the use of dividends.

1. Familiarize Yourself With The Stock Market

If you are investing for the first time, it is crucial that you understand how the stock market works and learn how objective it is. It is also important to learn the investor’s lingo and what kind of info you should look at. This does not mean you need to start taking classes on how to become a stock broker. For this particular investing strategy, you simply need to pay attention to the following:

• The company’s stock price, dividend rate, and history
• What kind of company you are investing in? What do they do? What kind of industry are they in?
• Do these companies get affected by political policy or by global events? (i.e Like how green energy bills affect gas and oil companies)
• The interface of your investing app/stock brokerage

It is important to use reliable and convenient sources when tracking a company’s dividend, so using websites like dividend.com and market chameleon.com will save you a lot of time and will help you plan accordingly. Additionally, it is important to keep up with the news and take info from multiple different sources, just so you would have a more stable ground of info to make a proper decision.

2. Understand How Much You Need/Want To Invest

Assuming that you have a basic understanding of the stock market and how it works. Let’s go over the general formulas to calculate how much you need to invest to get a significant dividend payout.

To understand how much you need to invest to earn a hundred dollars a month you simply use this…