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Tuesday, August 22, 2023
White House insider reveals huge Biden blunder
Thanks to the incompetence of President Joe Biden…
Jim Rickards Economist, attorney, investment banker, and author of eight books on currencies and international economics
P.S. Biden’s mistake has kicked off what I believe will be the biggest wealth transfer in the history of our nation. Most will lose. But a few will gain – see how to protect yourself here.
Dividend Investing Advice
Dividend investing is a strategy centered on acquiring stocks from companies that consistently distribute a portion of their profits back to shareholders. This approach prioritizes steady income and capital appreciation over time, often appealing to those with a long-term financial perspective.
Income Generation:
Dividend investing focuses on purchasing stocks of companies that regularly return profits to shareholders in the form of dividends, providing an additional income stream beyond potential capital gains.
Stable and Established Companies:
Dividend-paying stocks typically belong to mature and financially stable companies with a consistent earnings record, often in sectors less susceptible to market volatility.
Reinvestment Opportunity:
Dividends can be reinvested to purchase more shares (often through a Dividend Reinvestment Plan or DRIP), leveraging the power of compound interest and accelerating portfolio growth.
Long-Term Perspective:
Dividend investors generally adopt a long-term investment horizon, valuing consistent dividend returns and potential for gradual stock price appreciation over time.
Remember, while dividend investing can provide steady income and potential tax advantages, no investment is without risk. It's essential to conduct thorough research or consult with a financial advisor when building a dividend-focused portfolio.
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