Dividend Investing: A Guide to Building Sustainable Passive Income, Second Edition
Do you want to earn sustainable passive income that will last for the rest of your life? In today's digital marketplace there are many new approaches that promise sustainable income. is about implementing an approach that has a history of long-term success - buying dividend stocks! But more than that, it's about building a stream of income that you can live off of for the rest of your life.
There are many books that speak to the process of selecting dividend stocks. touches on the same material, but goes beyond stock selection and focuses on portfolio construction for the dividend-minded investor. By combining different asset classes that work through their cycles in alternating intervals, we progressively increase the pie from which dividend income is paid.
Topics include:
Compound interest, the 8th wonder of the world
Reducing fees and commissions by using a discount broker to invest in index funds
The S&P 500 Dividend Aristocrats
How to pick individual stocks
Why a sustainable dividend is better than a large dividend
Why a bear market is the dividend investor's best friend
Building sustainable income with dollar cost averaging, asset allocation, and rebalancing
Other distributions - rental income and bond interest
Tax implications and how to minimize them
When the right asset classes are held for the long-term, the odds are undeniably stacked in your favor. By structuring the portfolio around funds that pay sustainable dividends, a perpetual stream of income is created. In the early years, we use dividend income to buy more dividend income. Then, we live off the income that's generated. Investing is simple. All we need is a winning strategy and the drive to follow through.
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