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| Topic | My dividend income is slowly picking up. Good sign of things to come |
| CableZL 09/29/20 6:18:09 PM #33: | TomNook20 posted... Unless you're old and have a big chunk of change you want to make an income off of, dividends don't really make all that much sense. You could make way more money off of growth stocks.I have a few growth stocks, too, but I'm honestly getting tired of simply looking at the value of those stocks and worrying about whether they're up or down on a certain day and judging my success/failure based on that. It's probably an immature way to look at growth stocks since the value is in holding them long term. Getting these dividend payments allows me to get paid and reinvest little by little as opposed to just looking at whether the stock has gone up or not. I'm not old, nor do I have a big chunk of change, but my goal is to have a big chunk of change invested by the time I get old and be relatively OK if I want to stop working at any point. At the very least, I'll be supplementing my work income pretty nicely, which will remove some stress. --- ... Copied to Clipboard! |
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