Earning Regular Income from Stock Investing via Dividends
By: Trent
Posted: October 27, 2008
A few days ago, I had the opportunity to sit down with a fellow in his early sixties who has already retired.
He had been self-employed his entire life.
I told him about The Simple Dollar and I asked him, if he didn't mind, if he would tell me about how he had invested for retirement.
What he told me boiled down to four principles.
I spend way less than I earn.
By this, he meant he had enough saved up at age fifty to walk away from his work, but he kept at it for several more years so that he could build up even more savings.
He wanted the investments to return substantially more each year than he would spend.
