Income investing remains attractive to the majority of beginners, as you enjoy regular payouts which you can either spend or reinvest. However, the strategy has become more challenging to execute in recent years as yields decline and capital value of the underlying investment drops. Amidst inflation and rising interest rates, how can investors still apply this strategy to their portfolios? For many of my friends and I, the first few stocks we bought as a beginner were dividend stocks. After all, they sounded attractive enough – get paid dividends on a quarterly basis, and see the actual cash show up in your account! The typical approach for most Singaporean retail income investors involves using a mixture of real estate investment trusts (REITs) and bonds to form their portfolios. A friend of mine became financially independent with this simple strategy, as the dividends from his REITs soon became multiple times more...