Living Off Dividends: Myths And Facts
Hemant Rustagi
Chief Executive Officer, Wiseinvest Pvt Ltd.
Many investors often wonder if it is possible to live off dividend income. Living off dividends using dividend income is an alternative to take out money from your portfolio. Knowing how to live off dividends successfully means finding the right balance between income generated by your investments and the rate at which you spend that income. If you are someone who wants to explore this idea, you must do it after considering the related pros and cons. Of course, to implement this strategy, you must have a lump sum to invest.