Why dividend investing?
There are many ways to do investing, but one of the way that many people like is dividend investing. But why?
Dividend investing is a simple, straightforward way to earn a steady income. It’s not as sexy as going all-in on high-growth stocks or cryptocurrency, but it’s practical and reliable. Plus, it comes with the added benefit of growing your wealth over time by building passive income streams.
We’ll go into more detail about how dividend investing works here:
You can invest in shares and benefit from the power of compounding returns.
When you invest in shares, you can benefit from the power of compounding returns. Compounding is the ability of an investment to generate earnings that are reinvested, thus creating additional earnings. This means that your money will grow over time without having to add more funds yourself.
The idea behind compounding is simple: if an investor invests $100 at 6% per annum and compound it by...