A Beginner's Guide to Income Investing
Income investing is a wealth-building strategy that involves assembling a portfolio of assets that generate dependable cash payouts. For most investors, that means putting together a collection of dividend-paying stocks and high-quality bonds that can be counted on as a source of cash requiring little, if any, extra work or input from the investor.
A well-constructed portfolio of dividend stocks and bonds can be one of the most accessible and rewarding routes to building a substantial stream of "passive income." As Warren Buffett once said, "If you don't find a way to make money while you sleep, you will work until you die." These words from the Oracle of Omaha might sound a bit gloomy, but they highlight the important role that passive income streams play in building wealth and how being financially prepared can open the doors to living the kind of life you want.
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