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My Personal Experiment with Dividend Investing: The Risks and Rewards
As an avid investor I’m always looking for ways to grow my wealth and earn passive income. Over the years I’ve tried my hand at many different investment strategies from growth stocks to real estate but one of my favorites has been dividend investing.
Dividend investing is a strategy that involves buying stocks that pay regular dividends which payments are made by a company to its shareholders. These dividends can provide a steady stream of income making dividend stocks an attractive option for investors who are looking for ways to earn passive income.
However like any investment strategy dividend investing comes with risks as well as rewards. In this article I’ll share my personal experience with dividend investing including the lessons I have learned and the mistakes I have made along the way.
My First Steps in Dividend Investing
My first foray into dividend investing began several years ago when I invested in a blue-chip stock that had a long history of paying steady dividends. The stock had a relatively low dividend yield but I was attracted to the…