How To Get Rich Off Stocks

When I was little, my mom would tell me about how you can grow rich very fast if you work hard, and to always have the skills to succeed in life.

So, when I say learning to make money off of stocks is easier than doing it the traditional way or even reading books like "Rich Dad Poor Dad", and "The Intelligent Investor".

But, before going any further, let's first talk a little bit about making money while owning shares of companies that are not particularly well known. In this case, they're small ones that provide services or products and don't really provide much in terms of profits. They also have no public profile whatsoever.

Here's How to Start Making Money On Stocks For Free

You start with one company and then invest as many dollars as possible into your chosen stock. Eventually, this will lead to more sales, which means more profit on top of profit. That's it. So basically everything in your business plan is built from this one company.

So, all you need to do here is to get money from one company and build up other business deals around that single company to increase the amount of money that you earn. After growing, your bottom line will be bigger than what it had been when you started. There's no reason to keep trying after that point because it can all become yours with just a few tweaks and adjustments.

There is only a limited number of times you can make the same amount of money in less than 10 years. If it were ten years, you'd probably need more time to make that much money because this is how quickly these companies last. Once this happens, you'll end up being debt-free, at least to some extent.

Now here's how to make money off of individual stocks.

Stock A and B that has multiple owners

Stock C has multiple shareholders

Stock D has multiple shareholders

Stock E and F have multiple owners

Stock G is owned by multiple people

Stock H is owned by multiple people

Stock K is owned by multiple people

Stock L is owned by multiple people

Stock M is owned by several different investors (who don't necessarily own anything at all)

Stock N has multiple owners

Stock O has several partners

Stock P is sold in bulk

Stock R is an affiliate program

If you can buy a stock that has multiple shareholders for their part, the dividends should go towards paying those shareholders. For example, if we let Bob sell his share of XYZ and Sally sell her share, Bob should pay Sally dividends. But, if Sally sells Bob's share, Bob should make Sally dividends.

Also, all dividends are paid according to how many shares each shareholder owns.

This will allow you to make sure you aren't giving any extra cash away like a penny if Sally sells. This way, you will never see a penny more than you need to because Sally would still know exactly how much she got. Letting Sally have access to the dividends and making them equal would mean a lot less cash.

One thing you need to remember about dividends is when you buy stock, you're buying something that pays out a fixed rate of interest. You don't want to wait around forever until the dividend kicks in. It's better to get the dividends sooner rather than later while the stock is cheap to avoid buying more shares if things go downhill.

This is why there aren't multiple types of dividends in the world today. The best thing about getting two or three kinds of dividends in one is that the total payout goes down and up, depending on the amount you invested. Just look at most banks and financial institutions and they're pretty reliable with their dividends.

Here are five types of dividends:

1. Individual Capital Gains Dividend

2. Preferred Dividends

3. Cumulative Dividends

4. Tax-Advantaged Dividends

5. Regular Quarterly Dividends

Now let's go back to the original story. Now, let's assume that stock X has no dividends anymore. Then we can give our friend Charlie $10 and he agrees to take a few months off before starting his investment in Stock Y. He has done the right decision.

Now, assume the stock in Stock Y yields 1%. So, assuming he invests all his savings, the total returns from Stock Y would be 1%. But, instead of investing in Stock Y, he should start looking into Equity Z.

He can then follow up with $20 and start trading in Stock Z. After, he will start earning a couple bucks. And if there is another day when he continues to trade Equity Z, he could actually make more money because he will want to keep his trades secret, which means nobody outside of him knows what he's doing and who he's dealing with.

This works even harder for large amounts of trading but once again, keep in mind it's easier to hide more information from outsiders. As long as you don't sell or buy Equity Z, the markets will be aware of what you're doing and will respect your privacy.

On the flip side, you can also do the opposite and sell Equity Y.

If you find that you can turn the tables on them, you can set up yourself to start making money. This is why you need to choose between the two stocks. Make sure you only invest in one. Otherwise, it will be too easy for someone else to steal it and run your business, and eventually, it will stop working. Plus, you won't want to find out if it's worth it the second a guy calls and offers to buy it.

I started using stock market apps to help me make money off my investments. One such app called Motley Fool is actually really helpful because you'll be able to compare multiple stocks on certain topics. Basically, if you're worried about making the correct decisions now when you buy a stock from Charlie, it will tell you if it's a good idea to invest in Stock Y instead because you'll have to deal with fewer risks.

I've also seen apps that allow you to pick specific items from different categories and have it automatically invest money in them without you having to tell anyone.

This is why I used to recommend checking the Google Play Store when I buy new software because it allows me to check whether they have updates. At the same time, Apple is doing great. Their iPhone 12, Macbook Air, iMac Pro, and Apple Watch are all worth taking a look at.

But when you're talking about investing, I think Amazon is the king. All of their online stores are available on the Google Play store and Amazon is also on Google's servers. So when you're searching for something to buy, you can also search for that product, and then click "go" and buy it right away.

I personally use and recommend InstaTrader, Wealthfront, and Wealthy Affluent to invest in stocks and get passive income. Those are all good platforms I personally use. Not only that but I also have a blog where I review the different ways to take advantage of the various companies.