Sashkinw Dividend investing can be daunting at first, but can also be highly rewarding over the long run thanks to the magic of compounding. When I first got started, I was happy to see dividends cover a daily trip to Starbucks (SBUX) and over time, that has expanded to covering the phone bill, cost of gas, and many more monthly expenses. Of course, it helps to have a leg up when it comes to picking players that start off with a high yield. If one were to pick up the S&P 500 (SPY) today, it would only p ...