How many shares of stock to buy to make a $1000 dollars a month? How much do you need to invest to earn a grand a month? I’ll show you exactly how much to invest in seven stocks to make money every month to pay your bills.
This is one of the most common questions I get on investing videos, how many shares of stock to buy to make money. Investors want to know exactly how much to invest in the stocks I was recommending.
In this video, I’ll use seven popular stocks as examples to show you exactly how much to invest now to earn $1000 dollars every month. I’ll also reveal the number of shares to buy and why this may be the wrong question.
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Ever wonder how many shares of Apple to buy or how much to invest in Ford to make a certain amount in dividends? You’re not alone. I get these questions all the time, especially on the stock analysis videos here on the channel.
Now I’m answering the questions using seven of the best dividend stocks as examples of how much to invest and how much you can make. There was some huge differences in the number of shares you need to invest in each of these and I’m revealing one of the most important factors to look for beyond dividend yield and stock price. In fact, if you’re just looking at how many shares to buy and the dividend income, you might miss that $1000 a month by a long shot.
If you do decide to buy shares of stocks mentioned in this video, make sure you do it on a no-fee website to save money. There’s no sense in paying commissions anymore when there are so many choices for free investing.
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Joseph Hogue, CFA spent nearly a decade as an investment analyst for institutional firms and banks. He now helps people understand their financial lives through debt payoff strategies, investing and ways to save more money. He has appeared on Bloomberg and on sites like CNBC and Morningstar. He holds the Chartered Financial Analyst (CFA) designation and is a veteran of the Marine Corps.