Stocks that pay monthly dividends

Today's topic is about stocks. Since the recession, a lot of people have moved away from the stock market. Many people have lost lots of money in the market. But in fact, now is the time to buy stocks not sell. Many stocks are at record low levels. In fact, in the last couple of months, I have notice the market move up. I have a 401-K through work. It hit a low, but now, I have seen it rebound to where it was before we got hit hard with the recession, and it shows signs of moving further up.

I am not a genius when it comes to the stock market, but I try to do my research the best I can. I trade stocks through Ameritrade. There are other brokers out there too - E-Trade, Scott Trade, etc. They usually have low transaction fees. There fees for buying and selling is about $9.99 per trade.

What I have done is put together a portfolio of stocks that pay on a monthly basis. So, each month, I get money. They don't pay much per month, but the price of the stock was low enough that I could accumulate more of the stock and with time, your return will pay for the money you have invested. Some examples of stocks that pay on a monthly basis - stock symbols:

ADX, AWF, CHY, CSQ, EOI, ETG, EVV, IDD, NUV, PHK, PPR, SBR, SJT

There are a few examples of stocks that pay monthly dividends. Their yields range depending on the price of the stock. For example:
AWF dividend yield as of 6/30/09 is: 10.60% closing price was $10.27 per share. Monthly dividend payout: .0925¢ per share
CHY dividend yield as of 6/30/09 is: 10.10% closing price was $10.22 per share. Monthly dividend payout: .0825 per share
SBR dividend yield as of 6/30/09 is: 4.90% closing price was $44.29 per share. Monthly dividend payout: .18276 per share

Some of the stock's dividends vary from month to month. They may pay less or they may pay more. Also, their stock price varies from day to day as well, affecting the overall yield of the dividend.

Banks don't pay you that kind of yield on your savings or checking or cd accounts that you have. If you can afford to, open an account with a online broker. Every time you get a pay check, send in $25.00 or whatever you feel comfortable with. Let it accumulate. When you have enough money to buy some shares, do so. If you buy the stock before the record date, you can earn a dividend for that month. In general, it takes about 3 business days to settle a trade. For example; if you buy a stock on Tuesday, June 30, it will settle on Friday, July 3rd. If the date of record is on Monday, July 6, you would be eligible for the dividend declared for that month.

If you want long-term investing, look into stocks that have a strong history of payout. A good company that has a good record of payout is Johnson and Johnson (JNJ). If you look at their history, they pay dividends on a quarterly basis - every 3 months. They have continually raised their dividend on a constant basis. This company is a solid company. Other good companies to invest long-term are Coca-Cola (KO) and McDonalds (MCD).

Another way to invest is to look for companies that do stock splits (not reverse splits). An example of a stock split is when a company has a stock price of $100.00 per share. They declare a 2 for 1 stock split. That means that for every stock you own, you will receive 2 shares, but in turn, the price of the stock will be cut in half - that is, if you own 10 shares and a stock split is declared of 2 for 1, you will own 20 shares, but the price will be $50.00. Companies from time to time, will do this, but be aware of any company that does this on a regular basis. It could mean trouble long term. The reason they do this is to make the price per share more attractive to more buyers, in turn more buyers, means the price will go up again - more money for you.

There is also an investment called a DRIP (Dividend Re-Investment Plan). This means, that every time a company pays you a cash dividend, you will automatically buy that stock with the dividend you received. Sometimes, the money you make will not be enough to purchase a complete share, so the shares are bought in fractions. Over time, without you really missing the money, you can accumulate more stocks and it will continue to grow making more dividends. You will have to check with your broker if you are interested in this plan and they can give you more information about this.

These are just examples of stocks that pay dividends. Use your own judgement. Do your own research. I am not recommending to purchase these stocks, they are merely examples.

I hope this was informative and will help you make some extra cash. Please be sure to pass this along. Tell you friends and family and have them bookmark this blog. The more people, the better.

Thanks for reading.

Putting money in your pocket by saving

Another way of putting money in your pocket is by saving. Here is something that I do that actually saves me some money. I am a user of My Coke Rewards. If you like drinking Coca-Cola products, you can actually save some money on several things. You must register with www.mycokerewards.com. Find any Coke product that has a code underneath the cap of bottle products, or inside the carton on 12 packs of their products. Enter that code into your account. Each code (bottle) is worth 3 points. The cartons are worth 10 points. You can accumulate these points toward rewards. I have used the rewards for a free 12 pack of coke; rent 1 get 1 free movie rental at Blockbuster as well as rent a video game and get a video game rental free at Blockbuster.
Once you have enough points to redeem, just find the item you want and redeem it. They will send you an email with a website where you can download a pdf file of the coupon. Print it out and use it.

This is just a few things this site allows you to do. You can even enter your codes for prizes. I have yet to win anything, but I do use their coupons for savings and that is like money in your pocket. If you are like me, we have a Coke vending machine at work. My co-workers know that I save the caps, so they save them for me. I usually get about 3 a day on average. One co-worker saves a handful before he gives them to me - usually around 8-10. There is a limit on how many you can enter per day. The limit is 10 codes. If you have more, just enter them the following day. I actually have over 700 points. I redeem them from time to time on movie rentals and game rentals.

I hope these ideas that I am providing will help you. Don't forget to pass this information to your family and friends. Have them check out this blog - have them bookmark it and check back on a regular basis. The more people view this, the more it will help those out there looking to save and put a little cash in their pocket.

Pass it along - www.extramoney-ideas.blogspot.com

Thanks for reading.

Online surveys that pay

My post for today is about online surveys that pay. I have been researching some and I actually came about a couple of sights that I signed up for and have taken surveys. Most surveys you take, are anywhere from 5 minutes to 25 minutes long. They vary in topics from dvds to food products. The two sites I use will send you a survey directly to your email. Most of the time, you fill out the survey and submit it and they will enter you into a monthly or quarterly drawing for prizes. Some surveys will say that you get paid from $1.00 to about $5.00. The longer the survey, the more money you can make. There are some surveys that do pay more than $5.00 but don't come around much. The trick is that you first have to qualify for the survey. If after you answer some questions and qualify, you will continue with the survey and at the end, they will credit your account. You will usually see the money in your account in around 2 to 6 weeks. The account I am referring to is the account you set up with the company when you register. You enter your name and address. There is a minimum of $5.00 that you must earn before you can request payment.

And as for getting paid, yes, you actually do. The first company I use is www.surveyspot.com. This company will send you a lot of surveys each day. Most do not pay, some do. I actually earned about $25.00 before I requested my money. They sent me a check for $25.00. It took about 4-6 weeks to get, but I did get it. They are legit. I have yet to win anything in their drawings though.

The other company I use is www.acop.com. This company doesn't send you very many surveys, not like surveyspot. I may receive about 2 per week on average. I have taken surveys with this company and have gotten paid. They also offer drawings as well. You get entered into a drawing after each survey you get. With this company, when I requested my money, I actually got it in about 2 weeks.

So, if you have extra time and want to make a little bit of cash, check out this two survey sites.

More extra cash ideas

Just a reminder, the ideas I am blogging about are my own and you can take them for what they are worth. I am just trying to give ideas that may help someone out there who many need a direction to go and hope that my ideas will help those people. Also, I was informed by someone about get rich schemes. By no way am I saying that these ideas are quick rich schemes. They are just my opinions on where and how you can make some extra money.

My next idea, was actually given to me by someone. He told me if you want to make some money, you can go out and collect aluminum cans. I have seen some runners who go out and pick up cans along the way. I don't know how much you can get for aluminum cans, but it is something and is a good opportunity for some extra cash.

I want to thank that person for letting me know about this idea.

Welcome To Ideas On How To Make Extra Money

This blog is for those people who need to make extra cash. Times are difficult for many and people are looking for ideas on how to make extra cash to get by. I will give people ideas on how to make extra cash in your spare time. I do hope that this helps those in need and maybe, just maybe, it will give you an idea for a business.

Ebay

Alot of people make extra money using Ebay. Either they sell miscellaneous stuff, i.e., stuff around the house they don't need or use. Or they actually have an Ebay store where they sell several things they buy to resell. One idea I have for selling on Ebay is finding things around the house you don't use - tools, electronics, clothes, etc. When I first started using Ebay, I had several misc., things that I just didn't use and sold on Ebay. One of the first things I sold was an old Commodore 64 system. I hadn't used it in a long time. It still worked, but it was just collecting dust. I put it on Ebay and I sold it. I don't remember exactly how much I made, but I got paid. The buyer paid for shipping. The only thing about Ebay is that you do have to pay for posting the ad and a final valuation fee as well as any additional pictures you post. The first picture is free. It isn't much unless you sell a very high dollar item. Also, if you use Paypal to receive payment, Paypal will charge a fee for their service. But their service is easy to use and very convenient. Usually once the auction is over, and if you have a Paypal account, you send them a bill via Paypal and usually see payment within a day or so. Sometimes, you will receive payment right away. The money is posted into your account. And if you have your bank account link with your Paypal account, you can (for free) transfer that money into your account, or if you prefer, you can receive a check via the mail, but it will take a few days to receive it.

Another way to make money on Ebay, if you don't have stuff around the house to sell, is to go to garage sales. These can be gold mines. Do your research before you go shopping. Find items that you think will sell on Ebay. Go to Ebay and find the item(s) you would like to sell. Do a search for a particular item. A page will load up which will show items for sale. Some have bids (items in green), others do not (items in red). Some are buy now options. A good idea to do is find the item(s) you are interested in selling. Once the page loads up, look on the left side of the page. There is a column that shows Refine Search. Scroll down until you see a link that says Completed Items. Click on that link. A new page loads up. This page will show you which items have sold (green), and which ones did not sell (red). Click on the completed items in green to see how the item was described in the ad, what the starting price was, shipping price and what the item actually sold for. This will give you a very good starting point and gives you a better chance of a successful sale. Once you get the feel for it, you can expand and sell more things and higher priced items.

Doing this in your spare time, can be bring in extra income. I will post other ideas in the near future.

Thanks for taking the time to view this blog.