3 Dividend Pitfalls for Dividend Seeking Investors (Guest Post)
There is nothing wrong with investing in dividend stocks to generate passive income for your retirement planning. However, it will cause a huge dent in your retirement portfolio if you are investing wrongly. The following are the 3 dividend pitfalls that you have to avoid.
This post was originally posted here. The writer, Kenny Loh is a veteran community member and blogger on InvestingNote, with username known as marubozu and 700+ followers.
How do people make money investing in stocks? One way is to buy a stock at a low price, and sell it at a higher the price. This is also known as capital gains yield. Another way is to receive the dividends while holding the stock. This is known as dividend yield.