The Motley Fool

How to get paid for no work

Getting paid for no work sounds like a dream come true.

Most jobs require our time to earn money. It doesn’t matter whether you’re working at a Coles Group Limited (ASX: COL) supermarket or you’re one of the world’s biggest movie stars – you need to put in time to bring home the dollars.

A lot of other assets require time input as well. If you own a rental property you probably need to communicate with your property manager, pay some of the property bills and other administrative tasks.

But shares are completely different. You can invest in a share and own it for decades with no work at all – except for doing the annual tax return.

Owning ASX shares can mean you don’t have to ever talk to management, you don’t need to pay any bills, you don’t even need to read the business announcements – particularly if you own an exchange-traded fund (ETF). It can be an extremely laid back lifestyle.

There’s a reason why the phrase “pays dividends” exists. Dividends are a wonderful way for us to receive a portion of the yearly profits from our shares. You don’t need to do anything, it just rolls into the bank account every three or six months. How great is that?

In-fact, the better ASX shares will pay you more every year! A pay rise and more money for no work. Most people have to work overtime, get a qualification or be more productive to get paid materially more.

Foolish takeaway

There are some shares on the ASX that are known as dividend payers like Commonwealth Bank of Australia (ASX: CBA), Transurban Group (ASX: TCL) and Telstra Corporation Ltd (ASX: TLS). But I don’t think these three are good value at the moment.

If I were picking ASX shares that paid good money for no effort I would go for shares like these dividend champions.

Get Great Cashflow From These 3 ASX Shares

With interest rates likely to stay at rock bottom for months (or YEARS) to come, income-minded investors have nowhere to turn... except dividend shares. That’s why The Motley Fool’s top analysts have just prepared a brand-new report, laying out their top 3 dividend bets for 2019.

Hint: These are 3 shares you’ve probably never come across before.

They’re not the banks. Not Woolies or Wesfarmers or any of the “usual suspects.”

We think these 3 shares offer solid growth prospects over the next 12 months. Each of these three companies boasts fully franked yields and could be a great fit for your diversified portfolio. You’ll discover all three names and codes in "The Motley Fool’s Top 3 Dividend Shares for 2019."

Even better, your copy is free when you click the link below. Fair warning: This report is brand new and may not be available forever. Click the link below to be among the first investors to get access to this timely, important new research!

The names of these top 3 dividend bets are all included. But you will have to hurry. Depending on demand – and how quickly the share prices of these companies move – we may be forced to remove this report.

Click here to claim your free copy right now!

Motley Fool contributor Tristan Harrison has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of and has recommended Telstra Limited and Transurban Group. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

NEW. Five Cheap and Good Stocks to Buy in 2019…

Our Motley Fool experts have just released a brand new FREE report, detailing 5 dirt cheap shares that you can buy today.

One stock is an Australian internet darling with a rock solid reputation and an exciting new business line that promises years (or even decades) of growth… while trading at an ultra-low price…

Another is a diversified conglomerate trading near a 52-week low all while offering a 2.8% fully franked yield…

Plus 3 more cheap bets that could position you to profit over the next 12 months!

See for yourself now. Simply click the link below to scoop up your FREE copy and discover all 5 shares. But you will want to hurry – this free report is available for a brief time only.