Monthly Dividend Income

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I’ve been interested in making money with dividends for a while (in a casual way), but I didn’t really look into the details until recently. I had an idea that by buying stocks that have a good dividend payout, I could receive a monthly income was intriguing. This does work but the drawback is that you have to watch the stocks that pay dividends because the dividend yield can go down. It all depends on the company.

Unfortunately, the more money that you can invest, the more you can make. I have received dividends but my investments are so small that they are not worth claiming and I just reinvest the dividends back into the account. The reason that I have small account is that I am very risk averse, so it is my own fault. I bought some stocks in a Canadian company a few months ago, while they were cheap. The price per share has increased 102% since I bought the stocks. I had an instinct that the value would rise significantly but I didn’t invest enough money. If I was 100% certain (and less risk averse) I would have been willing to borrow as large a sum of money as I could, used it all to buy stocks in the company, sold them today and doubled my money in a matter of months.

The news being circulated in the mainstream news outlets regarding stocks and shares is not always accurate and could lead a person to make bad decisions. It is better to research this subject in a more detailed way with information coming from less mainstream personalities.

The way to generate dividend income is by building a portfolio of high yield dividend stocks that pay out at different times throughout the year, ideally getting a worthwhile income every month. The stocks that you pick should also have a history of raising their dividends regularly. To get a worthwhile monthly check would require a substantial investment. I saw one plan that claimed to return $1000 per month, throughout the year but it required a $50,000 investment and if that accounts for your total savings, then I expect that you would be too risky for most people. According to a 2018 GOBankingRates survey, 58% of Americans had less than $1000 in their savings accounts.

The basic idea of dividend income is sound and you can always start the process in a small way and reinvest the dividends that you receive. It will be a learning experience.

My Trading Style

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Here is a quick breakdown of my style of trading (Forex).

The red horizontal lines are support and resistance. These are prices that have been hard to get above or below in the recent past. When a price approaches support or resistance, there is more chance that the price will reverse it’s current trend, so it should be watched.

The chart uses Japanese candlesticks to record price. There are other styles of displaying price available. A red candle indicates that price is falling, a green candle indicates price rising.

My profit to loss ratio is a minimum of 1.5. If I can get more, I will, but I will not take a trade lower than this ratio.

Chart

  1. The candle approaches the support line, and the 2 candles with the long lower tails indicate to me that prices are likely to rise.
  2. I place a long trade to buy at 1.23856, with a stop/loss at 1.22119 and an initial “take profit” target at 1.25957.
  3. I place my stop/loss below the long tail on the last candle before price rises to make it harder for it to be reached but still keep to my profit to loss ratio.
  4. The price falls after the initial rise and makes me nervous but it doesn’t stop me out and I leave it alone to see what price will do next.
  5. Price rises again, falters for a couple of days, but eventually continues on up and triggers my “take proft” (sell order).

Any candles that are in the green area between the times that I bought and sold mean that I have profit. If they are in the red area, I am at a loss, but unless price goes lower that my stop/loss order I stay in the trade.

As you can see (in hindsight), price continued to rise significantly after I took my profit and closed out the trade and would have made me a huge profit if I had stayed in the trade but I decided to take my profit before price hit the next red resistance line.

The actual profit all depends on how many units you are trading, for example 10,000 units could have made about $200 profit, 100,000 could have made $2000. The chart is showing daily prices where each candle represents one day of price movement. This trade took 10 days to hit my sell order and produce the profit that I desired. $200 profit for 10 days is ok, $2000 for 10 days is great. The size of the contract can be scaled up or down depending on the size of your trading account.

Traders usually trade on margin which basically means that the trader only needs a small percentage of the total trade value in their trading account in order to place the trade. This allows the trader to have much larger trades than would be possible without margin. Each broker has their own limits and policies for margin trades.

I caution you not to trade anything until you have found, and you are comfortable with a trading style. It does not really matter which style/system you use as long as it works for you and keeps you in profit. You will have to investigate different systems  in order to find the one that you like. If you don’t know where to start CLICK HERE for several trading styles

Aliens, Do They Exist?

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Do aliens exist?, I think that this depends upon each individuals perception of reality. Using the currently accepted paradigm, it would seem unrealistic to believe that there are no other planets in the universe capable of supporting intelligent life. There are supposed to be billions of stars in the universe with trillions of planets. Using those numbers, it would be arrogant to assume that humans are the only intelligent beings in existence.

There are many theories about aliens having played a part in human development. Some people believe that the pyramids were built by aliens who came to assist humans to evolve. Other theories suggest than it was aliens and not God who actually created us. There are many crazy sounding theories out there and because we do not know, any one of them could be true, it all depends on the individual receiving the information.

What about the theory that all matter is basically  frequencies vibrating at different speeds. This theory does not discount aliens as different frequencies and speeds occurring on other planets could materialize as aliens. This ties in to the idea that we all live in a matrix like environment. Quantum physics at this time appears to be supporting at least some of these ideas.

There are people who totally believe that the earth is flat. Some think that we live inside a sort of enclosed capsule covered by a dome that cannot be penetrated. These people naturally believe that we did not go to space and that the moon landings were faked. The flat earth believers think that God, or a benevolent all-powerful entity did create the world and life on earth, putting us at the center of creation.

Maybe there is someone out there that does know the truth about aliens, I certainly do not, do you?.  If aliens do exist, and they manage to travel to earth, we can assume that they are much more advanced than us in technology at a minimum and hopefully they are more spiritually advanced. I would hope that they would see that we need some assistance and supply us with renewable cheap energy, farming technology to allow us to feed the whole world cheaply ( I think that this already exists but business multi-nationals are just not into sharing), and inexpensive, efficient medical technology, but then again they may just want us all to assimilate and become the Borg or something similar, who knows.