Living Off Some Dividends Now Is A Nice Little Life Hack

Usually, when discussions of dividend investing come up, it is within the context of delayed gratification and the constant plowing of dividends back into more shares of stock that will, in turn, pay out some dividends of their own. But it does not necessarily have to be that way—you always have the option of taking the dividends as cash immediately and spending them on whatever you desire. While taking the dividends as cash will result in a lower end of amount of wealth when it is all said and done, it does recognize the fact that all money is taken and spent by someone.

You can spend it yourself. You can arrange your assets in a way that the government takes a lot of it and spends it on the various perceived needs of the nation, or you can pass it on to someone else who will eventually spend it.  … Read the rest of this article!