If you are looking for a way to start
small with stock investing and generate huge profits over time, then creating a dividend investing plan can help you achieve that.
When I started
tinkering with stock investing a stock broker was an actual person in an office you would call to purchase or sell shares of stock for you.
If you're
familiar with stock investing, think of GRM as the price - to - earnings ratio (P / E ratio) of a rental property: it starts the conversation, but it's not the final word.
Much like casino gambling, there's only one
certainty with stock investing: Some players will win and some will lose, but the guys who run the game are sure to get rich, no matter what.
Since the risk
associated with stock investing is greater at times of high valuations, you must lower your stock allocation at such times to Stay the Course in a meaningful way.
If you wait for the time when you will have up to half a million dollars before getting
started with stock investing, you might never get to invest in stocks because that time might never come.
So it is
with stock investing.
If you can do
that with the stocks you invest in as well as the brokerages you choose, you're ahead of the game.
With stock investing (especially passive investing), its much harder to beat the averages.
By screening out overvalued stocks in the stock selection process, we are screening out a certain degree of the risk associated
with stock investing.
With stock investing, there are millions of stocks to buy every day and when you find one you want to invest in, there's a good chance you can acquire it.