Some investors are built to be day traders. They have keen instincts and a computer that can rival what NASA has at its disposal. That’s not me, though. I like investments that I don’t have to worry about or watch like an excitable puppy with access to an espresso machine.
Dividend stocks are more my speed, particularly when paired with a dividend reinvestment plan (DRIP). I can buy shares, flip the DRIP switch on, and forget I even bought the stock.
Boring? Maybe. But boring can be beautiful and very profitable if you know where to look. The three stocks in this article are perfect examples.
This post originally appeared at The Motley Fool.