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by bcasey
4937 days ago
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I love the idea of "a number of side businesses that add up to that income". Small, simple businesses that generate enough to make the ideal lifestyle possible. That's a strong goal. It's especially good considering your dividend-based alternative. I'm sure you've noticed that dividend stocks are getting hammered right now. :) |
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I wouldn't worry about stock price as you hopefully never have to sell a good income payer. But if you are buying, at some point a good dividend payer will fall until it's cheap enough for a good return, ie wait for the next crash. I think the dividend stocks are being sold off now because of uncertainty over tax rules in 2013 for dividends, and also since money has been chasing yield and made those stocks overbought.