Today's Investment is Your Ticket to the Next Decade's Dividend
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When people begin their journey into dividend investing, they frequently mistakenly focus on what they can earn today. For example, a $100,000 portfolio invested in a diversified portfolio of dividend stocks with a yield of 3% will earn $3,000 per year. Dividend investors see this immediate income as the goal, and often stretch to find higher yielding stocks to boost their current income. What they fail to understand is their long term income goals are often at odds of their current income needs.
Today's Investment is Your Ticket to the Next Decade's Dividend
Today's Investment is Your Ticket to the Next…
Today's Investment is Your Ticket to the Next Decade's Dividend
When people begin their journey into dividend investing, they frequently mistakenly focus on what they can earn today. For example, a $100,000 portfolio invested in a diversified portfolio of dividend stocks with a yield of 3% will earn $3,000 per year. Dividend investors see this immediate income as the goal, and often stretch to find higher yielding stocks to boost their current income. What they fail to understand is their long term income goals are often at odds of their current income needs.