When I was asked by friends who would choose to build wealth with dividend stocks, I often cite the types of readers and friends that I came across who are motivated to take this path.
Lynette just crossed 35 years old and her husband is 2 years older than her. She currently works as an IT manager in one of my good friends company. The couple just paid off their HDB flat, contributing the excess cash flow that they have because they think it is prudent to do so.
They wanted to build a nest egg and the idea of an income stream appeals to them, but they are rather risk averse about taking on more debt by buying another property, especially considering in her previous company she seen how easily in the industry they can lay off her friends who was rather dedicated in their work.
The idea of ......