LANDO - These 8 Income Investments Pay Me Every Month
2024-02-04 08:30:00 ET
Summary
- I am a fan of monthly dividends, because they provide income stability and slightly increase the speed of compounding.
- I highlight eight monthly dividend payers that I consider to be high-quality investments with sustainable payouts.
- Monthly dividends are great, but not at the expense of the quality of assets, management, and balance sheet. Those factors are more important.
Hi, I'm Austin, and I'm a dividendaholic.
I love dividends. I love passive income -- true passive income.
I owned a rental property once, and that was anything but passive. The hours I spent dealing with tenants, maintenance contractors, insurance providers, real estate tax appraisers, and so on, make me laugh anytime I hear an Internet guru proclaim rental real estate as a "passive income investment."
I bet most of those Internet gurus are making their money from selling you a course on real estate investing rather than from their own real estate investments.
In fact, many of the "passive" investments people on the Internet push are anything but passive. I've read side hustles described as a form of passive income. Apparently the irony of putting "hustle" and "passive" in the same sentence together is lost on some folks out there....
These 8 Income Investments Pay Me Every Month