ilmscore | Prediction Details
"the alternative to investing into an individual company is to invest in something like a fund maybe a dividend paying ETF a dividend paying index fund a dividend-paying mutual fund now instead of investing in one company like let's just say apple now you can invest into a basket of companies that have say 500 different companies in here and apple is just one of the companies and there's 499 other dividend paying companies in here so now you can go and find these dividend paying funds again you have ETFs mutual funds index funds you go and find one of these dividend paying funds that invest in companies that are paying a dividend now you invest in one thing that's investing in 500 different companies now you can lower your risk because if Apple were to go bankrupt well now you have 499 companies to balance it out this way you can lower your risk and keep getting those dividends that now you can just keep throwing the money into one of these funds"
By Minority Mindset | October 1, 2023 | Pending
From video
The Secret To Actually Earning Passive Income | Jaspreet Singh 00:10:23 - 00:11:16
Interpreted Prediction
Dividend-paying ETFs, index funds, or mutual funds offer diversification by investing in a basket of companies, reducing risk compared to investing in individual stocks. This allows investors to receive dividends from multiple sources.

Prediction Details

Topic
Dividend ETFs

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