Originally Posted by JaxRed
I debated whether to post this, because I don't want it to be taken badly by anyone, but here goes......
I'm just about at retirement so what I'm doing with my stock investments is to provide an income stream to supplement my retirement without touching the principal. So I'm consolidating/moving IRA's etc into a IRA Brokerage account. Not done yet, and started 6 weeks ago.
But yesterday we got our first dividends.
About $850. We are on pace for about $1000 a month. The point is, following a dividend strategy can provide a very nice supplement to your retirement income without pulling any money out.
I'm not sure why anyone would object or take that badly. I think its good advice/experience to share for anyone that reads the title of this thread and thinks it might be worthy.