Help your kids retire early! Start buying Canadian shares of high dividend paying stocks like Enbridge (ENB) or Emera (EMA).
Enbridge shares right now are a bit cheaper than usual so it's a good time to get in because over the years they will continue to rise. They are about $45 bucks each right now.
Enbridge also gives you $2.68 every year (but its paid out at four times a year or quarterly) for each share you own. That's where the magic of dividends happens over time. If you have 100 shares you would earn 100 x $2.68 each year! Own 200 shares? Thats then 200 x $2.68 each year!
Better than savings interest rates! Plus they consistently increase the dividends so it compounds over time. You can earn thousands each year doing nothing. These companies are paying you to use your money. That is working smart not hard!
Emera shares are about $40 bucks each right now.
Emera gives you $2.35 each year for each share you own.
Keep buying batches of shares each month to increase the dividends. Over a span of 20 to 40 years imagine how much that will grow for them.
Do them a favour. We may not have been taught how to really make money as kids but we can empower them if we truly want to help them retire comfortably.
Ask me or your bank how to buy self directed stocks.
Dont let them bully or con you into buying mutual funds that make THEM money!
With dividend stocks you get money every 4 months (quarterly) rather than having to pay fees to banks for mutual funds. Yes you also have to pay $10 each time you buy stocks but that is still cheaper than the typical 3-5% they skim off your mutual funds to pay both the bank and the fund managers. Too many fingers in the pie!
Think about it.
#stocks #investing #money #banking #banks #mutualfunds #cdnpoli
Enbridge shares right now are a bit cheaper than usual so it's a good time to get in because over the years they will continue to rise. They are about $45 bucks each right now.
Enbridge also gives you $2.68 every year (but its paid out at four times a year or quarterly) for each share you own. That's where the magic of dividends happens over time. If you have 100 shares you would earn 100 x $2.68 each year! Own 200 shares? Thats then 200 x $2.68 each year!
Better than savings interest rates! Plus they consistently increase the dividends so it compounds over time. You can earn thousands each year doing nothing. These companies are paying you to use your money. That is working smart not hard!
Emera shares are about $40 bucks each right now.
Emera gives you $2.35 each year for each share you own.
Keep buying batches of shares each month to increase the dividends. Over a span of 20 to 40 years imagine how much that will grow for them.
Do them a favour. We may not have been taught how to really make money as kids but we can empower them if we truly want to help them retire comfortably.
Ask me or your bank how to buy self directed stocks.
Dont let them bully or con you into buying mutual funds that make THEM money!
With dividend stocks you get money every 4 months (quarterly) rather than having to pay fees to banks for mutual funds. Yes you also have to pay $10 each time you buy stocks but that is still cheaper than the typical 3-5% they skim off your mutual funds to pay both the bank and the fund managers. Too many fingers in the pie!
Think about it.
#stocks #investing #money #banking #banks #mutualfunds #cdnpoli
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