Wealthy Living

Best High Dividend Stocks: The Ultimate Millenials Investment Guide

We often hear that Millennials are terrible investors because most Millennials entered the workforce during the 2008 financial crisis.

In each post, I explain how, while investors can't invest directly in the company, there are alternative investment vehicles available.

Afterward, many hesitated to invest after seeing their families lose money, and those who often invested very conservatively. Many have avoided stocks, even the more conservative high dividend stocks.

Which begs the question – have Millennials changed their investment strategies? Let’s take a look.

We saw one of the greatest economic booms to the economy and those who invested made some of the greatest returns.

At this time, Millennials are facing their second economic recession with the 2020 pandemic. Being recession veterans, they’re betting on a strong economic recovery.

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Popular Millennial Stocks

This has been seen by Financial Brokerage Platforms like Robinhood, popular among Millennials. The platform gained 10 million users from 2016 to 2020 and added 3 million users during the pandemic.

By living through a strong economic recovery, Millennials show they are more comfortable with the stock market and purchasing stocks with their creative ways to make money.

What Are Dividends Stocks

Dividends are a portion of the company’s earnings that are distributed to shareholders. In addition to the value of a company’s stock going up, dividends are an additional payment sent to shareholders simply for owning the company.

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