Hello, can someone explain something. So, my portfolio lacks traditional investment options such as stocks, and I'm considering to add some.
I'm a EU citizen, so investing in US companies isn't for me, because it has a withholding tax.
The EU companies I have chosen as potential candidates, are Shell and Allianz (and maybe Sanofi).
Assuming I start investing only in one of the company, Shell, and it pays 3-4% dividends, in terms of total money made, is it basically the same thing as a 3-4% APY savings account? If yes, doesn't that mean there is no difference between investing in Shell and investing in a savings account with an APY percentage similar to the dividends percentage?
I'm interested in dividends, not buying stocks at a lower price and selling at a higher price.
In this context, I'm looking to boost the passive income.
Am I missing something?
Thanks.