7 Dividend Stocks that WILL Pay Your Car Payment

Joseph Hogue

Joseph Hogue

September 23rd, 2022

DESCRIPTION
These seven dividend stocks will make your car payment, whether its a Camry or a Lamborghini! See how dividend investing pays the bills. Want a dividend stock list to pay the rent? Check out these stocks! https://youtu.be/Rr4A51xoOZ0 Too often we just talk numbers, the dividend yield and dividends you collect on a stock, and it can seem just that…just talk. Today, we’re making making this real and turning dividend income into something you can use. I’m going to show you seven cars, a car for any budget from the affordable Camry to the Lamborghini dreams we all have at one point . With each car, we’ll look at one of the best high yield dividend stocks and how much you need to invest to have that stock make your monthly car payment! 🤑 Get The Weekly Bow-Tie - my FREE weekly email newsletter sharing market updates, trends and the most important news! Market Updates for the Smart Investor! https://mystockmarketbasics.com/dailybowtie My Investing Recommendations 📈 Check out the stock simulator and Get six FREE shares of stock worth up to $10,000 when you open a Webull investing account with any deposit! 🤑 https://mystockmarketbasics.com/webull 📊 Download this Portfolio Tracker and Investing Spreadsheet! [Community Discount Code] https://mystockmarketbasics.com/spreadsheetdiscount With each of these dividend stocks, we’ll be assuming a six-year car loan at the average rate of 3.86% and a $3,500 down payment. I’ll be counting up to the highest yielding dividend stock in the list and the most expensive car so make sure you stick around! Now not all of the stocks in today’s video will be monthly dividend stocks, in fact most are going to put that cash in your pocket quarterly or every three months. I’ll show you how much to invest next but whether you’re getting the dividend monthly or quarterly, it’s going to be enough to cover the total car payments. Even if you can’t invest the entire amount we’re talking about in each dividend stock, if you invest as much as you can, it’s going to make that monthly payment a lot easier and then you build up to the full amount that’s paying for your car! 0:00 Dividend Stocks to Buy that Pay the Bills 1:13 Dividend Stock to Pay for a Camry 3:56 Pay for a Honda CR-V with this Monthly Dividend Stock 5:40 Buy a Ford F-150 with this Dividend Investment 6:41 How to Invest in Dividend Stocks for Beginners 8:01 A Dividend Stock to Buy You a Mercedes 9:29 This High Yield Dividend Stock will Pay for Your Tesla 12:28 How to Pay for a Cadillac with Dividends 13:52 Dividend Investing to Buy a Lamborghini SUBSCRIBE to create the financial future you deserve with videos on beating debt, making more money and making your money work for you. https://mystockmarketbasics.com/LetsTalkMoney 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. #dividends #dividendstocks #dividendinvesting
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