Retire Early from Just One $3k Investment? How You can Turned a Small Amount into $500 Per Month in Passive Income

Coca-Cola has paid rising dividends for over 100 years - makes it a favorite pick.

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$1k invested in Coca-Cola could bring $28 per year initially, rising to $36 in 3 years.

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Target has lower current yield at 2.1% but faster growth potential from lower payout ratio.

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$1k in Target could return around $21 per year now, growing to $28+ in 3 years.

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Bank of Nova Scotia has a high 5.5% yield from sturdy Canadian banking sector.

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$1k investment in Bank of Nova Scotia yields approx. $55 per year.

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Combining the 3 stocks = starting income of $104 per year.

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In 3 years the combined dividend income could reach approx. $500 annually.

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