Living Off Dividends: How to Use Passive Income to Cover Your Expenses
Being able to live off of our investments is a dream for many of us. No need to rely on working for income, and not even needing to withdraw money from your investments would be the ultimate in terms of financial freedom. Although it is a dream, it's also a realistic possibility with the right combination of time and discipline. In this article, we'll look at all of the details that surround the topic of investing for dividends and ultimately getting to the point of living off dividends. What Are Dividends? When a company has a profit, it can reinvest
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Living off dividends allows you to live off passive income rather than relying on working or active income. This article covers the pros and cons, how much money you'll need to invest in order to live off dividends, and the ways you can make it happen.
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