• Dividend reinvestment over time is the sure-fire way to set yourself up for an easy financial future. Dividend Emperor will help you get rich SLOWLY. Come with us and develop an empire of dividend paying stocks which will provide an eternal passive income stream.

    Saturday, May 13, 2017

    Living off Dividends

    The goal of this blogger and presumably its readers is to one day get to the point where you no longer need to “work,” and just live off dividends.  Is it possible to live only off dividends?  Clearly, the answer is yes.  Eventually, with patience, dedication and the construction of a passive income dividend portfolio you can be financially independent through dividends.  Slowly building a portfolio composed of high quality, dividend paying stocks can lead you to the passive income promised land.  However, it will not happen overnight.  Whenever you can, buy up a few shares here and there and hold them forever.  As we have discussed in prior posts, the effect of dividend snowballing is powerful.  Cheers.


    3 comments:

    1. I started a little late to think I'll be living off dividends one day. But dividends will certainly be part of my retirement plan! And I'm working hard to make that dividend snowball as large as possible in the time I have available...

      Happy investing!

      ReplyDelete
      Replies
      1. Thank you. You too. It's never too late to get in the game !

        Delete
    2. Yea, I'm with DivGro. I started a little bit too late (between age 35 and 40) and so I doubt I'll be able to save/invest enough to only live off of my dividends. However, hopefully, I'll have enough where it can supplement my income in retirement.

      ReplyDelete

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