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Sinopsis

Tyrone Jackson often says that wealth is a series of wealthy habits. One of those habits should be collecting dividends. In this episode, Tyrone tells you why.  When searching for wealth building tools, most people find Mutual Funds, in which financial advisors will pick and trade stocks for you in large sums with other people’s money. Tyrone teaches people to personally pick stocks for themselves because you can make a lot more money this way.   Tyrone’s approach to the stock market is to buy and trade very low risk stocks. He almost exclusively deals with stocks that are members of the DOW Jones Industrial average and the S&P 500. He finds that his students make thousands of dollars by being a little more conservative with what stocks that choose, and collecting dividends.  What is a dividend? A dividend is your share of a company’s profits after they have paid all their expenses on a quarterly basis. In other words, buy owning a company’s stock, you own a small piece of their business, and thus you rec