2 No-Brainer Dividend Stocks to Buy With $500 Right Now

Dividend stocks are an important piece of any individual investor's portfolio. Not only do they provide passive income, which is an attractive feature, especially for retirees, but they protect your portfolio when the market is volatile. And if you're a newbie growth investor who's just experiencing a downturn for the first time, you'll notice that while the market's tanking, many of the top, established dividend stocks are beating the market.If you need ideas for great dividend stocks, Berkshire Hathaway is a great place to start (even though it doesn't pay a dividend itself). Warren Buffett loves dividend stocks, and the Berkshire Hathaway portfolio is chock-full of them. I recommend Bank of America (NYSE: BAC) and Ally Financial (NYSE: ALLY).Bank of America was Berkshire Hathaway's second-largest position before it sold off a portion during the past few months. It's now in third place, accounting for 10.1% of the total equity position.Continue reading

Mar 26, 2025 - 10:05
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2 No-Brainer Dividend Stocks to Buy With $500 Right Now

Dividend stocks are an important piece of any individual investor's portfolio. Not only do they provide passive income, which is an attractive feature, especially for retirees, but they protect your portfolio when the market is volatile. And if you're a newbie growth investor who's just experiencing a downturn for the first time, you'll notice that while the market's tanking, many of the top, established dividend stocks are beating the market.

If you need ideas for great dividend stocks, Berkshire Hathaway is a great place to start (even though it doesn't pay a dividend itself). Warren Buffett loves dividend stocks, and the Berkshire Hathaway portfolio is chock-full of them. I recommend Bank of America (NYSE: BAC) and Ally Financial (NYSE: ALLY).

Bank of America was Berkshire Hathaway's second-largest position before it sold off a portion during the past few months. It's now in third place, accounting for 10.1% of the total equity position.

Continue reading