Good MorningThis week I wanted to share a trick!
How I Got Netflix For Free
(5 mins read)
Investing in the stock market can be a great way to grow your wealth over time. But did you know that you can also use your investments to pay for everyday expenses, like your Netflix subscription?
One way to do this is by investing in a stock that pays a high dividend rate. A dividend is a payment that a company makes to its shareholders, usually on a quarterly basis. Some stocks pay dividends that are higher than others, and these are the stocks that you want to look for if you're trying to use your investments to pay for your Netflix subscription.
One example of a stock that pays a high dividend rate is AT&T (T). As of this writing, the stock pays a dividend yield of 7.18%, which means that for every $100 worth of AT&T stock you own, you will receive $7.18 in dividends per year.
To put this into perspective, let's say you invest $1,200 in AT&T stock. At a 7.18% dividend yield, you would receive $86.16 in dividends per year. That's enough to cover the cost of a basic Netflix subscription, which is $9.99 per month.
It's important to note that investing in the stock market does come with risks. The value of your investment can go up or down, and there's always the possibility that you could lose money. That's why it's important to do your research and consult with a financial advisor before investing.
But if you're willing to take on some risk and you're looking for a way to pay for your Netflix subscription without dipping into your savings, investing in a high-yielding dividend stock like AT&T is worth considering.
Remember, that this is just an example and it's important to do your own research and consult with a financial advisor before investing. But with the right stock, you can turn your investments into a stream of income that can help pay for your Netflix subscription, and so much more!
I hope that this week's newsletter was able to provide you with some value, even if it was just a small amount (e.g. 0.01%). Thank you again for subscribing to this newsletter and for your continued support. We currently have 19 subscriber and I look forward to continuing to grow our community and share valuable information with all of you. See you next Sunday!
