Scott and James discuss the pros and cons of using dividend investing to create passive income.

Planning Points Discussed

• Utilizing Time Efficiently
• Capital Appreciation
• Purchasing Power
• Other issues (IRAs, Inflation, Financial Goals, etc.)

Listener Question:

What is your stance on dividend investing, with the goal of reaching a point where one can live off of "passive" income from dividend ETFs? I have been reading a lot on the dividend subreddit where people are sharing their spreadsheets and screenshots of investments, and it seems like a very compelling strategy. What are the pros and cons of investing heavily in dividend ETFs with the hope of building a passive income stream?

Timestamps:

4:16 - Dividend Yield

7:27 - The Feeling Behind Dividends

10:19 - Dividends During Recessions

14:27 - Don't Just Focus On Dividends

18:52 - Total Return

21:12 - Dividend v. Capital Appreciation

LET'S CONNECT!

James

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Scott

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