There is a lot of information on television and the internet about investing and let’s face it, most of it is confusing to the average person. This book is written for the independent investor looking for a little straight forward information about investing in stocks. We have all been taught that the stock market is risky and you need thousands of dollars and a financial advisor to invest. Where can an investor turn to buy stocks with smaller dollar amounts? Typically, independent investors will put their money in low risk government bonds, savings accounts and certificates of deposit (CDs); usually these investments produce low returns. Well, there is another option. Dividend stocks have historically produced higher returns than most other investments over the long term. An investor can purchase individual dividend stocks with Direct Stock Purchase Plans (DSPPs); that is buying stocks directly without a broker using small dollar amounts. This is an excellent way to invest in stocks with as little as $50. These investment plans offer a steady way for investors to acquire large amounts of shares over time and are good for the long term investor looking to maximize every dollar.
This book is meant to be a starting point and a guide for investing in stocks. Providing detailed information about DSPPs, such as how to open an account, how often shares are purchased and what fees are charged. This book will also discuss in detail which companies offer the opportunity to start investing with $50. Now, $50 doesn’t sound like enough money to start an investment or wealth building plan and most financial advisors would tell you that at least $2,000 is needed.
But consider this, $50 invested at 6% every month over 30 years is over $50,000. Investing small amounts can quickly add up over time. Investing in high quality companies with good records of paying consistent dividends, strong financial growth and reinvesting all the dividends into more shares are the keys to building wealth. Buying stock directly from a company can be as easy as opening a bank account. Also, most plans have either no or low fees. The opportunity to invest in companies like McDonalds, Nike and The Coca-Cola Company with investments as small as $50 is made possible with Direct Stock Purchase Plans.
This book also discusses investing in the stock market and explains that investing is not as difficult as the experts in the media would have you believe. Investing based on research and with a proper understanding of the fundamentals of finance are the keys to successful investing.
Investing doesn't have to be complicated, it can even be fun. Remember, you have to invest money to have money; invest $50 today, because your future is your present.
