Part 5/8:
Patience, compared to thrilling short-term gains in the market, can feel bitter at the start. Nevertheless, as Aristotle wisely put it, "patience is bitter, but its fruit is sweet." Recognizing the accrued benefits of long-term commitments can aid in overcoming the initial hurdles of dividend investing.
Distracted by Market Excitement
Another prevalent reason for investors abandoning the dividend path is the allure of more glamorous investments. Dividend investing is known for its slow, steady gains but is overshadowed during market rallies characterized by explosive growth and high-profile stocks. Investors can easily become diverted when they see rapid price surges in speculative stocks or technology sectors.