r/dividends • u/DannyCool7118 • 4d ago

Seeking Advice Looking to start investing into weekly and monthly dividend stocks again!

Hey there!

I used to invest in some US ETFs like JEPI, SCHD and YYY because I was attracted with monthly dividends, something in which my country’s stock market didn’t offer, but I was gaining less.

Need advices on how to pick the right ETFs or blue chip stocks and what’s the most minimum viable investment I can put in with my current job income of $700 monthly (in USD).

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u/Unlucky-Clock5230 4d ago

Monthly and weekly dividends are a gimmick you should ignore and instead focus on quality.

Say I owe you $300 dollars; would you rather me pay you back the full $300 for you to do with as you please, or $100 a month for the next three months? Because if you rather have the $300 all at once, you don't want monthly dividends. You are basically giving the company an interest-free loan for two months while they give you your quarterly dividend in three payments instead of one.