The objection I get every week: how do you retire on a portfolio yielding 1.5%? You build your own dividend. Treat the portfolio as a holding company. You are the CEO, and your job is to pay yourself a distribution. It can come from dividends, interest, fund distributions and capital gains. That puts you in control of two things at once. Which businesses you own, because you are no longer forced into high yield names to hit an income number. And your income, because you set the amount instead of waiting for a board to set it. The dividend still matters. It funds part of the payment and confirms the business is healthy. It stops being the only source. Free webinar Thursday, September 17 at 1 PM ET, on building that retirement paycheque: https://bit.ly/4xGPSQA
1,406 views
0 Comments
Join the conversation with 500,000+ other investors ๐ธ
Create an account to get access to everything Blossom has to offer!
๐ Personalized algorithm based on your investing style, experience level and interests
๐ Powerful portfolio and dividend tracking tools
๐ See what top creators and others in the community are investing in