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RE: Slowly and Steadily Increaing Dividend Income

in LeoFinancelast month

It's not possible when you are starting. But let's say 20 years down the line when you have a sizable portolfio then some part of the expenses will be covered by the dividend alone.

For example, if you have 1 Crore in a 7% paying dividend stocks. Then you will get Rs 60K per month. And that's an expense for a lot if people.