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Investing $43 in This Stock per Week for 5 Years Could Give You $500 in Annual Dividend Income

Alex Carchidi, The Motley Fool
·4-min read
Investing $43 in This Stock per Week for 5 Years Could Give You $500 in Annual Dividend Income

If you're thinking of investing in Pfizer (NYSE: PFE) to generate some passive income from your portfolio, you won't need to spend very much to do so, provided that you're willing to play the long game. Building up a passive income stream is often a lot more manageable when you can do it piece by piece rather than paying out a large lump sum. Dollar-cost averaging (DCA) refers to buying a few shares of a stock here and there over a period of time so that you don't need a lump sum to reach your target position size.

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