Shares Anyone?

 I love dividends! If you know me, this is something I say frequently when talking about money, and I will continue to say it because dividends are great, but what is it? A dividend is a portion of the profits of a company which is paid to the shareholders (usually annually). These shareholders would have purchased a share of or shares in the company, which is a part of a company’s equity or capital. Shares can be bought in all public companies, companies listed on the stock exchange and in some companies where an individual is a member e.g. Credit Unions. 

Now a thought may be why should you buy shares? I consider shares a great investment. They need to be left at least 2-3 years to experience the benefits – however, the dividend payment is usually greater than the interest paid by a bank and as a result this is a great way to get a good return. In addition to dividend payments, the value of shares increases over time and as a result the can be profitable when eventually sold.

Consider this, shares are an investment that require little or no additional work once the purchase is made. It is recommended that you do you due diligence on the company or credit union you will invest in. Once that’s done, sit back and watch your money work for you.