I am very much addicted to dividends in real life. Like in real life people get addicted to drinking, smoking, and other lifestyle issues. When you are born as a woman, you tend to get addicted to different set of things in life. I had faced most of the financial issues in life and so it is dividend life that I seek and this is where I wish to thrive.
There are however some things about dividend that we don't know and don't understand over a period of time. And that is something I wish to address in this post. So hopefully that helps you out too.
Let's talk about how dividend income is how you thrive.
A lot of companies offer the dividend when you buy their stock. This dividend can be once in a year. And some companies offer it every quarter and some even after twice a year. It depends on their approach and the profits. Some years can go without any profit and divdiend too.
In such case it makes you wonder is it good idea to invest into the dividend based income. And what would be a good option if you do find it that way. What is the right approach in such case if you do choose the dividend mindset it could set you free too.
My personal strategy is investing into the dividend income based stocks and try to get as many shares I can and then make sure to regularly flip into the stable income out of the profits. It's like investing the dividned into the bank deposits and it would also earn you the dividend there.
Logically the dividend that you earn always gets you a good financial stabiltiy but for that you have to plan early and also plan well and make sure to not invest by making bad choices. Which happens when your dividend strategy is not on the mark.
I consult a lot of apps and the advice from fintech advisors. And that has helped me choose the dividend investment option and it always helps me out with the emergency funds that way.