It’s no secret that I like to dabble in the stock market, and that I’m trying to generate a decent income from dividend stocks.
With that in mind, I’ve decided to start taking the entire balance earned each month through my Passive Income Project and invest it in various dividend stocks. Now since I’m only making around $125 a month in passive income, I’m planning on setting that money aside on a month to month basis and investing it in a different stock every 3 to 6 months.
Since I’ll be making smaller trades than I usual do, I’m considering getting an account with Zecco so I can invest while avoiding that pesky $12.95 per trade fee with E*Trade.
The general idea is that I’ll be able to both expand my stock holdings as well as my return from passive income. I’ll post updates as I make purchases.