On the surface, it's hard to find anything unusual about Smith Barney – the nationwide brokerage giant.
Like all brokerage firms, Smith Barney accumulates millions of dollars through buying and selling stocks, trading options, and charging annual maintenance fees.
But what you may not realize is that Smith Barney (like every other U.S. brokerage firm, whether online, discount or full service), is legally required to pass on a portion of this cash to anyone who wants it.
** | For example, if you had filled out Smith Barney's 2-page form at the beginning of last year, you could have since collected up to $6,500. |
You see... each month, brokerage firms offer payouts to those who fill out a 2-page form requesting what I call 'unclaimed dividends'.
I call these payouts 'unclaimed dividends', because most investors don't know about them and, as a result, the money usually sits unclaimed.
Naturally, you won't collect this money unless you ask for it. There isn't a single brokerage firm in America who will offer it to you upfront.
But if you take the time to fill out a simple 2-page form (which I'll explain below), you're entitled to receive as much as $2,100, effective immediately.
There are no fees... you don't have to provide your credit card number, and you don't even have to leave your house. Start to finish, it'll probably take you about 10 minutes to complete.
At a glance, it looks like any form. But what makes this form unique is that it's a legal contract that requires brokerage firms to distribute their 'unclaimed dividends' to anyone who fills it out.
** | If you had filled out Ameritrade's 2-page form back in Jan. 2008, for example, you could have since received $2,000 in 'unclaimed dividends'. |
Keep in mind: These payouts are typically small, ranging from $100 to $2,500.
But just think about the difference it could make in your life if you could collect a few thousands dollars as often as every month, without investing in a single stock.
Within a week you'd have enough money to pay for groceries and bills. Over the course of a couple months, you could pay for a nice vacation. And in just a few years, you'd have enough money to buy a new car.
So what's the difference between 'unclaimed dividends' and 'regular dividends'?
0 comments:
Posting Komentar