In this yield-starved world, stocks that offer yield are often priced for perfection.
That can make it difficult to put new capital to work and still get investment income.
Especially if you want some quality and growth to go with it.
But not all is lost.
There are still some high-quality stocks out there that are lowly valued and offer a high yield.
As a dividend growth investor, I’m always on the hunt for such stocks.
And when I find them, I tend to buy them and then hold on for the long term.
I’ve done that repeatedly as I went about building my FIRE Fund.
That’s my real-money stock portfolio, which produces the five-figure passive dividend income I live off of.
In fact, this portfolio helped me to retire in my early 30s.
I lay out in my Early Retirement Blueprint precisely how I used the dividend growth investing strategy to accomplish that feat.
This strategy is fantastic for so many reasons, and it’s perfectly suited for anyone aiming to accumulate the wealth and passive income necessary to achieve financial independence.
What better businesses to invest in than wonderful businesses?
What better way to prove how wonderful your business is than to pay reliable, rising dividends to your shareholders?
And what better source of passive income than those reliable, rising dividends?
The Dividend Champions, Contenders, and Challengers list contains invaluable data on more than 700 US-listed stocks that have increased their dividends each year for at least the last five consecutive years.
As great as many of those stocks are, though, buying the right stock at the right valuation is imperative.
Price tells you only what you pay. Value tells you what you actually get for your money.
Full story on DailyTradeAlert.com
Leave a Comment