It started out as an experiment. It wound up being my favorite income strategy: the markets “atm machine”. #-ad_banner-#A little more than six years ago, StreetAuthority approached me with an idea. They wanted me to build a portfolio of reliable dividend stocks that would pay out more than 30 dividend checks a month — one for every day of the year. In order to show how serious they were, they even gave me $200,000 and a dedicated brokerage account to get started. I must admit, I was a little skeptical at first. The idea seemed too good to be true. Read More
It started out as an experiment. It wound up being my favorite income strategy: the markets “atm machine”. #-ad_banner-#A little more than six years ago, StreetAuthority approached me with an idea. They wanted me to build a portfolio of reliable dividend stocks that would pay out more than 30 dividend checks a month — one for every day of the year. In order to show how serious they were, they even gave me $200,000 and a dedicated brokerage account to get started. I must admit, I was a little skeptical at first. The idea seemed too good to be true. But in just over six years — 2,361 dividends and more than $99,000 worth of dividend income later — the results have been far better than I could have imagined. Since I started my portfolio back in December 2009, my initial $200,000 investment has grown to more than $316,592, giving me a total return of more than 58% in a little more than six years. As of this month, the total dividends I’ve received amount to $99,651. The Daily Paycheck Strategy Helped Me Pocket Nearly $100,000 In Dividends In its first full year of operation, my… Read More