At some point in my investing journey, dividend investing became something that I identified with.

Dividend investing has a lot of appeal, and I think the reason is that people likes to be validated that they are slowly getting a cash flow payout from their investment.

This has a lot of similarities to the Asian concept of owning land and leasing out to farmers to grow crops and living off it. It is a very passive form of income.

At this stage of investing, I wouldn’t compartmentalize the way that I invest to be called dividend investing. I prefer to call it active stock investing simply because I invest in stocks and I take an active approach.

However, the role of dividends plays a big role in my consideration:

  1. It is the cash flow return that I get for waiting for an undervalued stock value to be realized. One good …