How Many Shares of Stock to Make $1,000 a Month? [MSFT, IBM, INTC, T, PFE, JPM, CSCO]

Joseph Hogue
•August 17th, 2022
DESCRIPTION
How many shares of stock do YOU need to buy to make $1000 a month? How to create monthly income from dividend stocks. Want to get paid weekly? Check out this weekly dividend portfolio for cash flow! https://youtu.be/5kUo7JdaVMI
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 show you how to do exactly that! I’ll show you how to create dividend income you can live on with seven popular stocks; Microsoft, IBM, Intel, AT&T, Pfizer, JP Morgan and Cisco. I’ll reveal how many shares of each you’ll need to buy and how much to invest to make $1000 a month. Then I’ll show you why you can’t just focus on dividend yield and what to do instead! Stick around and I’ll also reveal three dividend investing tips that will help supercharge your income.
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Now each of the dividend stocks I’ll use as examples in today’s video are quarterly payers…sending you a check every three months. You’ll still be able to create that monthly income but it’s going to take a little planning. Watch this video for the best monthly dividend stocks to earn $1000 a month! https://youtu.be/FAij_4fRw3Q
Don't miss this options strategies video and that covered call strategy that will supercharge your dividend income! https://youtu.be/owZNEuYL_N0
Ever wonder how many shares of Microsoft or AT&T to buy or how much to invest in Pfizer or JP Morgan to make a certain amount in dividends? You’re not alone. I get these questions all the time, especially from investors that want to make monthly income.
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.
I’m going to use seven of the most popular dividend stocks as an example for creating that $1000 monthly income and then reveal a danger most investors don’t realize about dividends. Stick around and later I’ll also share those three tricks to super-charge your dividend income!
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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.
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