Part 2/9:
Dividend investing is highly sought after for its potential for passive income, and many people, including myself, are keen to avoid common pitfalls made in the early stages. Let’s break down the various categories of dividend investing that one can consider:
High Yield Investors: Those seeking immediate income, often from companies with high dividend yields, but they risk the sustainability of those dividends.
Defensive Dividend Investors: Individuals who prioritize capital preservation and focus on low-risk investments.
Dividend Growth Investors: Investors who look for companies that not only pay dividends but also increase them over time, offering potential for significant returns long-term.