So I'm sure a good percentage of you that are into crypto have at one point had some money invested into stocks. I've been putting money into Robinhood for several months now, and I wanted to share one lesser known stock that has been treating my portfolio pretty nicely. This stock is Orchid Island Capital Inc. or ORC. ORC is a finance company that invests in mortgage backed securities. Because it is a real estate investing company, they pay out dividends every single month as they collect mortgage payments. Currently the price of the stock is just over $8 and the monthly dividend is $0.09 per stock, which ends up being over 18% annually.  I'm no investment expert nor should my post be taken as financial advice. Investments inherently have their risks and I am not telling anybody what to do with your money, I'm just sharing what I did with mine. And let me know if you know any other high yeilding dividend paying stocks that I might wanna watch.
| author | borofreak | ||||||
|---|---|---|---|---|---|---|---|
| permlink | one-of-my-main-investments-outside-of-crypto-c75f45b45d32e | ||||||
| category | investing | ||||||
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Keep growing!
| author | ganjafarmer |
|---|---|
| permlink | re-borofreak-one-of-my-main-investments-outside-of-crypto-c75f45b45d32e-20180829t195538223z |
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