Easy Passive Income Strategy - For Beginners
Updated: Nov 17
What's good everybody! With Black Friday just around the corner, we have an exciting proposition that could turn your shopping spree into a long-term investment opportunity. Instead of spending on items that depreciate over time, why not consider buying stocks for passive income?
Why Invest in Stocks?
Stocks offer an excellent way to grow your wealth over time. Unlike the instant gratification of buying a new gadget or product, investing in stocks can provide a steady stream of income through dividends, even if the stock price doesn't increase significantly.
Why Now?
Black Friday is typically associated with consumer spending, but it can also be a great time to invest. As businesses compete for customers, they often offer significant discounts on their products, which can lead to increased sales and a boost in stock prices.
How to Start?
If you've never invested before, don't worry, we are here to help. Our platform provides easy-to-understand information about different stocks and offers guidance on how to make investment decisions. We also provide a safe and secure platform for buying and selling stocks.
Ready to Turn Black Friday Shopping into an Investment?
Don't wait until the last minute to start investing. Start planning your Black Friday investment strategy now and potentially reap the benefits for years to come.
Click Below for a Beginner's Step By Step Guide
*Suggested Stocks listed below*
Free Stocks and Free Money
In order for this to work you must follow this step by step!
Stocks:
Robinhood:
Sign up for an account: Robinhood
***To receive your free stocks you must do the following:
Click the link above
Link their bank or debit card in order to be credited, if you do not want to use your main account sign up for Chime using this link: Chime
***Side Note if you set up a direct deposit of $100 a month here Chime will give you a one time promotion of $100 (this is optional but a great way to get a free $100 and you have an additional source of savings!)
Once Approved by Robinhood:
Deposit $100
Now here you can either let the money sit for 90 days or you can purchase passive income stocks (these are stocks that yield dividends, long term stocks not something you are looking to sell) (Keep in mind that all investments involve risks. Please consider doing your own research before acting.) REITs, Index Funds, and Exchange Traded Funds(Free class: Reits Class – Empify)
Passive Income Stocks that I like:
S&P 500 Index ($VOO)
Industrial reit (owns warehouses like Amazon) ($STAG)
Realty Income Corp ($O) - Recession proof type tenants, like gas stations
Experiential REIT they own properties that are considered entertainment center example Top Golf and Six Flags ($EPR)
Health care Reit (retirement and senior housing properties) ($LTC)
Target Stocks: Spider ETF ($XLP), Kite Realty Group ($KRG)
High Dividend Stocks:
Big 5 Sporting Goods Corp ($BGFV) 14.06% provides a full-line product offering at compelling values including athletic shoes, apparel and accessories, as well as a broad selection of athletic equipment for team sports, fitness, camping, hunting, fishing, tennis, golf, winter and summer recreation and roller sports.
Apollo Commercial Real Estate Finance Inc ($ARI) 14.04% is a direct lender and offers a full range of commercial real estate mortgage loans and debt products across a broad spectrum of geographies and property types
Blue Ridge Bankshares Inc (VA) ($BRBS) 13.73% is a multi-state bank holding company headquartered in Charlottesville, VA. The Company is the parent company of Blue Ridge Bank, N.A., a client-centered financial services company offering commercial banking services throughout Virginia and North Carolina chartered in 1893
Chicago Atlantic Real Estate Finance Inc ($REFI) 13.50% is a market-leading mortgage REIT utilizing significant real estate, credit and cannabis expertise to originate senior secured loans primarily to state-licensed cannabis operators in limited-license states in the U.S.
Dynex Capital, Inc. ($DX) 13.49% is a real estate investment trust, or REIT, which invests in mortgage loans and securities on a leveraged basis.
Piedmont Office Realty Trust Inc ($PDM) 13.33% is a fully-integrated and self-managed real estate investment trust (REIT) specializing in the ownership and management of high-quality Class A office buildings primarily located in the Sunbelt.
Capitol Federal Financial ($CFFN) 13.26% is a leader in residential lending in Kansas and Missouri and boasts more than $9 billion in assets. In addition to single-family residential lending, the Bank offers commercial loans, Small Business Loans and business banking services.
Sturm, Ruger & Co., Inc. ($RGR) 12.39% is an American firearm manufacturing company based in Southport, Connecticut, with production facilities also in Newport, New Hampshire; Mayodan, North Carolina; and Prescott, Arizona. (has a long history or serving law enforcement and military communities)
Arbor Realty Trust Inc. ($ABR) 11.64% invests in a diversified portfolio of structured finance assets in the multifamily, single-family rental, and commercial real estate markets in the United States.
Now once your promotional stocks populate in your account you cannot sell them for 3 days. The promotional stocks given are random, you can either keep them depending on what you get or you can sell them after 3 days and invest the money into your choice of Passive Income Stocks listed above.
Moomoo US: https://j.moomoo.com/00A62c (Now MooMoo does require you let the deposit of $100 sit for 90 days in order for you to get your FREE Stocks)
Webull: Webull provides a terrific user experience across all devices thanks to its crisp layouts, easy customization, and great graphic design. Deposit $100
Option 1: https://a.webull.com/gGlcxdKv6TxkZ7hFP5
Option 2: https://a.webull.com/gGlcxdKv6TxkZ7hOaQ
****Now after 90 days you can either leave the accounts as is or you can sell all stocks in those brokerage accounts and open up a Fidelity account and buy the same stocks.***
Why? Fidelity was voted one of the most trusted wealth management companies.
Fidelity offers $0 trading commissions, a selection of more than 3,300 no-transaction-fee mutual funds and top-notch research tools and mobile platform.
It has zero-fee index funds and strong customer service reputation are just icing on the cake.
Final Step:
Fidelity: Brokerage Account: https://fidelity.app.link/e/WLarStsvxBb
Open a qualifying account see information below:
Fidelity Starter Pack: Deposit $50 and Fidelity will give you $100 after you have had your account open for 25 days.
Use promo code FIDELITY100 when opening the Fidelity Starter Pack, the Fidelity Account®, a Fidelity® Cash Management Account, Fidelity Go®, Roth IRA, or Traditional IRA.* and Fidelity will give you $100 after you have had your account open for 25 days.
Open a Youth Account for your teen and get $50.
***Additional Stock Account: Stash - Get in on the StockParty happening now! Join with my link and we’ll both get bonus stock, plus an extra $20 to invest (it’s that easy). Click here
Now I recommend Mint Intuit to monitor all of your Debt, Assets, and Goals so that you have a clear picture and if you own a small business and need help with you accounting use Quickbooks for the Self-Employed: https://quickbooks.grsm.io/sophiathompkins9763
I am also fundraising to give back to disadvantage youth for 2024. I will be giving away school supplies as well as a scholarship in April 2024. I am asking everyone to please donate $1 (or more) to the cause!