Now, it's time to ensure our passive dividend income exceeds our budgetary requirements. We do this by becoming income investors.
Depending on our age, income investing should account for 50-59% of our portfolio. This high allocation to income-investing products, like closed-end funds, will ensure we outpace inflation and exceed expectations.
I became an income investor at age 38 and never looked back. Five years later, I earn over $2,200/month from dividends.
I hope to earn $15,000/month in dividends by the time I reach age 59. Life is good on this side of the income spectrum. Good Luck!
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