A good stock for monthly dividends

Main Street capital (NYSE:MAIN) is a steady stock that yields 7.4 % monthly. I like monthly dividends because I reinvest my money into more of that share which grows my earnings slightly faster than an annual or quarterly yield. MAIN is a business development company (BDC), which means it loans money to small, fast-growing private companies for interest and an equity stake. If a company in its loan portfolio gets bought out or goes public, MAIN gets a piece of the action. By law, BDCs have to pay out 90% of their taxable income to their shareholders, making them an asset class custom-made for income investors.

Busy week

This week is a busy week for me so I am sorry if I am not posting everyday this week. It just takes time for me to make analysis's, and right now I don't have a lot of time. Instead I will post more videos that I like, because they do not take a lot of time.

Please disregard my last post

It was just released today that it appears Oryon was not only just a promo stock but it does not even have a source of income, and was apparently a mining company about 3 months ago, according to this article . Although I did do research on Oryon and it seemed like a legit company with a legit source of income, it just goes to show that you can't always trust these sources. Chances are if you get stock recommendations in email or type the company name into Google, and a whole bunch of reports come up saying how much you can earn, it is most likely a scam. Although you can make returns in the first couple of days with all the hype, but you will only see it crash eventually. Sorry for my recommendation and this is why you should always do your own research before you make a purchasing decision.