1 Top Dividend Growth Stock to Buy Right Now
For many investors, dividends can become a realistic source of income after retirement. For example, if you owned $1 million worth of Realty Income (NYSE: O) at its current yield of 5.7%, you would generate $4,750 per month or $57,000 in cash every year without having to work. That's significantly more than the U.S. median income of $42,220.To be fair, most Americans don't have $1 million in cash lying around. However, accumulating this amount of money is very doable over the long term. The key is starting early and taking advantage of the power of aggressive saving and compounding interest. Let's explore why Realty Income could be an excellent addition to a balanced investment portfolio.Continue reading
For many investors, dividends can become a realistic source of income after retirement. For example, if you owned $1 million worth of Realty Income (NYSE: O) at its current yield of 5.7%, you would generate $4,750 per month or $57,000 in cash every year without having to work. That's significantly more than the U.S. median income of $42,220.
To be fair, most Americans don't have $1 million in cash lying around. However, accumulating this amount of money is very doable over the long term. The key is starting early and taking advantage of the power of aggressive saving and compounding interest.
Let's explore why Realty Income could be an excellent addition to a balanced investment portfolio.
