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 ...

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