By Rob Otman Do you have retirement savings? The earlier you open an IRA or 401(k) and start contributing, the better off you’ll be once you reach retirement age. You can’t rely solely on Social Security. It’s important to explore other methods of wealth accumulation for retirement, like passive income dividend investing.
What is Passive Income Dividend Investing?
Passive income dividend investing is a popular investment strategy. It involves buying dividend-paying securities and setting up a dividend reinvestment plan (DRIP).
The concept is simple. Using a retirement account, you invest in dividend stocks and reinvest those dividends as they’re paid. Each new share you buy through …read more