Business
How I’d obtain financial freedom with a passive income from dividend shares
When buying dividend shares, it is tempting to purchase the highest-yielding stocks to generate the largest passive income possible.
However, this strategy can cause a couple of issues. First, high-yielding stocks could struggle to afford their current payouts because of financial challenges. Second, high-yielding stocks may not offer strong dividend growth. This could make them less attractive over the long run.
As such, focusing on the reliability of dividends, as well as their growth prospects, could be a means of securing financial freedom via income stocks.
Buying dividend shares with a robust passive income
A reliable passive income is likely to be a key part of achieving financial freedom for most people. For example, a…
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