I think this desire for dividend income is always there. The idea of passive income is always alluring. And why not? What’s wrong with investing for the sake of having passive income? Why invest in something that doesn’t produce much dividend (with no income – it is not even an asset).

My approach to stocks emphasized more on the growth and balance sheet of the companies. Perhaps the idea of peace of mind is more important to me.

However, like I said earlier, I do like to expand my portfolio to include higher dividend yield stocks. Nowadays, with rising interest rates and a slowing world economy, we don’t get many high yielding stocks. In the past, a decent yield would be in the range of 3% to 4%. Nowadays, 2% to 3% yield are considered good.

The markets have been buoyant, with markets around the world reaching new highs. The …