While the meme trade phenomenon helped spark interest in the equities sector, passive-income providers generally offer a more solid foundation, thus warranting a closer look at dividend stocks for beginners. To be sure, these aren’t the sexiest ideas. But they should steer you in the right direction for the long haul.
Primarily, dividend stocks for beginners allow investors to build their wealth through two mechanisms: capital gains and dividend payouts. Combined, the total return – again over the course of several years – should keep your portfolio in the black. As well, these relatively safe and predictable ideas represent confidence boosters.
If the smelly stuff hits the fan, you may be comforted with these proven enterprises. On that note, here are three dividend stocks for beginners.
This post appeared first on InvestorPlace.