Today I finished reading a book on Dividend stocks as an investment vehicle. These stocks pay a quarterly dividend. Some have paid a dividend every quarter for 50 years. The book explains How to value dividend stocks and calculate long term returns on your investment. I found the book very interesting and it really resonated with me because of where I am with Steemit. When I found Steemit, it was unlike any of the crypto currencies I had invested in before, Bitcoin, Litecoin, Ethereum, they were all good projects, they all show great promise of being worth a lot of money one day. But they didn’t pay me anything for buying them, just the promise of making me rich one day. It could happen, there are Bitcoin millionaires. But it’s really just speculation. However, Steemit is different because it pays you to hold Steem. Steem is like a dividend paying stock, it pays you Steem every year, so it makes you money while your holding it, literally everyday. Steemit also allows you to make Steem posting and make Steem curating, Steemit also allows you to make Steem loaning Steem, through a process called delegating.
Steemit is an investment vehicle which literally allows you to create multiple streams of income. It’s like a dividend paying stock, only better. The next amazing thing about Steemit Is how little capitol you need to get started. You can earn Steem from delegation with as little as 25 Steempower. The current price of Steem is around 25 cents. 225 Steem is less then $5.00. Buy it, Power it up, delegate it and now your an investor.
The next great thing about Steem block chain is Steem Engine.
The Token communities provide opportunities to buy investments on the ground floor of these communities and derive a good return and play a very important roll in community development. Remember how dividend paying stocks gave you one stream of income? Remember Steemit gives you three to start and there are more! All tokens on Steem Engine allow at least two streams of income; posting and curating, and some Tokens offer more. If you read my article on Steemleo, you know it has six streams of income. The important difference between Steemit and the Tokens on Steem Engine is cost. The tokens are generally valued at less then one steem. This allows you to purchase tokens power them up and start earning tokens posting and creating. One of the tokens offers a bidbot and an upvote buying service. So for the program it’s four streams of income. I suggest you read my article on the Steemleo project it has six sources of income.
Steemleo Six Streams
Steemit and Steem Engine give us a good opportunity to create passive income vehicles and grow our accounts or provide spendable currency every day. Where will you get the money. I don’t know your personal situation. But for me, it was skipping coffee at Starbucks, that’s 25 Steem! Bring your lunch for a week, that’s a hundred Steem, set aside 1% of your paycheck. It all starts with small steps and grows from there.
✍🏼 by Shortsegments