I’ve made $1,126 in passive income 👀 #shorts

Video Description

I’ve made $1,126.48 in passive income this year 👀 How? From my stock market investment portfolio! I invest in ETFs - those ETFs are made up of stocks, and some of those stocks pay dividends. Dividends = payments that you receive on a consistent basis for being a part owner in a company (aka a shareholder); the payments can be made every month, quarter, year, or at the company’s discretion. Dividend payments are usually a percentage of the company’s earnings that they’re paying out to you - think of it as profit sharing; so, when the company makes money, they give out some of the profits to their shareholders. Now, one option you have with those dividends is to reinvest them back into purchasing more investments, and growing your stock market investment portfolio even more… …and over the long-term, reinvesting your dividends can lead to massive compound growth of your money! TLDR? Reinvesting your dividends allows you to build your investment portfolio more quickly (which is great, especially if your portfolio is focused on growth, like mine is!). Do you reinvest your dividends? Let us know! 📈 #shorts