It’s Never Over
When it comes to investing, when do you stop?
Conventional wisdom says that one accumulates assets, and sells them when one wants to fund something else. Like buy a new home, start a business, or live off the gains.
Once the assets are sold, they are no longer available to that owner.
A Better Way
There’s another way to live. This is to buy assets for their income. Once we purchase dividend-paying stocks, we accumulate more shares for the purpose of increasing our income.
If we hold these income-producing assets for the long term, and allow dividends to be reinvested, we have an ever-growing stream of income.
What Dividend Investor Knows
When we buy dividend paying stocks for income, all of a sudden we have a different perspective.
We don’t fret about day-to-day price fluctuations.
We know that compounding dividends by reinvestment is the surest way to long term wealth.
We do think about how many shares our next dividend payment will buy.
We avoid selling because we won’t kill the golden goose.
We know that over time, our dividends will buy us financial freedom.
We know that by not selling, we avoid capital gains taxes.
We know that if we hold dividend stocks long enough, we can receive more in dividends than we originally invested.
We know dividends are the ultimate in passive income. Real Estate is nice, but there always is the tenant hassle. There are no hassles in receiving dividends.
Child-free in Florida
It’s sometimes hard not be cynical when faced with political stupidity.
“Florida Moves to End Vaccine Mandates for Schoolchildren.”
How to Profit:
1. Buy stock in urgent care and hospitals with emergency rooms.
2. Buy stock in manufacturers of respiratory drugs.
3. Invest in manufacturers of children’s coffins.
Surely a surge in sick children will occur once the next flu season arrives.
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