Every Sunday, I uncover a high-quality dividend growth stock that appears to be undervalued. These pieces are published at Daily Trade Alert, which is a site that focuses on dividend growth investing, stocks, and unique investment opportunities. I’ve been writing for them for years now, and they’re just great over there. Each week, I publish an excerpt of my work here, when it’s fresh off the press. This is your opportunity to check it out. I hope you enjoy!
Per the FDIC, as of August 3, that’s the US national average interest rate on savings accounts for non-jumbo deposits.
Unless you’re already a multimillionaire, you’re not generating much income on that kind of rate.
A large, safe dividend from a high-quality company has always been valuable, but it becomes even more valuable when interest rates are this low.
There’s no sense in letting cash rot in the bank if you could put that to work in a great business earning returns – and collect upwards of 100 times more income.
Image courtesy of: Stuart Miles at FreeDigitalPhotos.net.
P.S. If you’re interested in achieving financial freedom in your life, particularly via dividend growth investing, check out some amazing resources I’ve personally used on my way to becoming financially free at 33!