Bristow9091 said:
Zappykins said: Well, since you didn't why not make some investments today? You never know how they might pay off. |
I've always thought about this, but I wouldn't know what to invest in, and with my luck I'd lose a whole bunch of money, lol :P
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A stock that I like (and own) that you can own with pretty low risk is Brookfield Renewable Partners. They own a lot of hydroelectric plants and some wind and solar stuff as well. Over the course of a year they pay out a dividend that has a yield of about 6% (paid out quarterly), meaning that they pay out 6% of the stock price per year. Now, sure, you can never be guaranteed that things will continue that way, but imo, electricity is a pretty safe bet as a "commodity" that will be in high demand for the foreseeable future.
It is a good buy if you prefer to start with something safer.