How to make an extra $100 a Month. Do you want to make $100 a month in dividends? Let me show you how much money you need to get there.
Let’s take Coca-Cola for example – they pay out 2.76% dividends on their stock. To make $100 a month from their dividends, we need to divide by the yield.
This means you’ll need to invest $44,000 worth of Coca-Cola shares to get $100 in monthly dividends. Alternatively, you could use that $44,000 as a 5% down payment on a multifamily real estate investment, which could be worth up to $880K.
With real estate, you get to enjoy the benefits of appreciation, tax breaks, and tenants paying down your mortgage. Plus, your cash flow will be much higher than with dividend investing. So, choose your investment strategy wisely and watch your wealth grow.
Make an Extra $100 Month Investing.
If you have questions about Passive Income. Then you should reach out so we can have a quick call to see if investing in Short, Mid or Long term rentals can help you reach your goals. Text or call (208) 699-5782 and for scheduling a discovery call you can choose a time from my calendar here.
This is straight from my Youtube channel for investing. Give me a follow there specifically for Real estate investing advice and strategies. For information more local to North Idaho then check out my Idaho Channel. Where I break down are market specifically and give tips for home buyers and sellers looking to make their move in North Idaho. Follow that Channel Here.
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