Dividend Investing is the evolved version of Saving Accounts

Here's why

Saving Account Interest rates are laughable

Most banks are at 0.01% with 2% being the high

The average annual INFLAation Rate is 2%

This means money in a Saving account is becoming worth less and less every year it sits there

With a savings account, you pick the bank, not the interest rate

Banks will change Interest Rates as they see fit and will almost always reduce their interest rate in economic recessions

On the other hand

You have Dividend Aristocrats

These are companies that have consistently grown their Dividend Yield for at least 25 years

A Dividend is what companies pay to investors for investing in them, similar to Bank's interest rates

The difference being

Dividend Aristocrats would rather take on debt & fire employees before they cut their Dividend and lose Shareholder's interest

Investing in such companies is a better guarantee at a stronger pay out

Here's a couple examples

Company | Ticker Symbol | Dividend Yield

AT&T | $T | 7.11%
Chevron | $CVX | 5.68%
AbbVie | $ABBV | 4.44%
Main Street Cap. | $MAIN | 7.58%

http://Digrin.com  is a great tool to keep up with company Dividend Yields

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