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How can I use stocks to obtain monthly income?
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New York - A great strategy to obtain monthly income is to invest in high quality dividend-paying stocks. Most companies pay dividends on a quarterly basis; hence you need to purchase several different stocks whose dividend payments are staggered.

For instance, using only three stocks - General Motors, Disney, and GTE you can obtain a monthly income. General Motors pays its dividend in the month of March, June, September and December, GTE pays its dividend in January, April, July and October, and Disney pays it's dividend in February, May, August, and November.

Of course, before selecting such a strategy, you should ensure that the stocks you select are appropriate for your overall goals and consistent with your risk tolerance levels.

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