Whoever suggested that doesn't know much about investing. There's no free lunch in dividend stocks. You should own the whole market via index funds, with probably plenty of fixed income at that age, depending on goals. It makes no difference if you "live off the dividends" or sell fund shares as needed.A relative recently moved into senior assisted living facility. The following six dividend payers (KMI, UGI, Mo, ENB, O, and Vz) were suggested to provide the necessary annual income since she has enough savings that if invested at 6% the dividends would be sufficient. What are the negatives in doing something like this? Comments appreciated.
Statistics: Posted by TipsQuestions — Fri Sep 13, 2024 12:40 am — Replies 5 — Views 386