Got $10,000 to Invest in October? These Stocks Could Generate Over $634 in Annual Income.
“It takes money to make money.”
You’ve probably heard that statement many times. And it’s usually true. However, some assets allow you to make more money with less money.
For example, investing $10,000 in the S&P 500 (SNPINDEX: ^GSPC) would generate only about $100 in annual dividend income. However, spreading that same amount across three stocks — Energy Transfer (NYSE: ET), Pfizer (NYSE: PFE), and Verizon Communications (NYSE: VZ) could generate over $634 in annual income.
Source: www.fool.com — article syndicated from the publisher’s feed; all rights remain with the original publisher.