On the weekend, to stay out of the rain, I stopped at the local library. Similar to most libraries there is a collection of magazines which on an average day I would not buy but may read once in a while. In one of the magazines there was an article about the Bonneville Salt Flats. For those who read car magazines, the salt flats have for many years been a place to try to gain a new car speed record. As the name implies the ground is flat and prior to people landing on the moon, new land speed records were regularly set at the location. Every couple of weeks or so, people gather to try to see how fast their vehicles will travel, leading up to Speed Week in August. Do they make lots of money, no. But it is legal and there is a a dual need to go faster and to try.
Linking to dividend producing stocks, some of the people who go to Bonneville do it because it is their passion. Dividend producing stocks can help pay for your passions. The regular income which often increases over time, can enhance your passions, which bring dividends in a non financial matter. Both are important, being passionate about something enhances your life while dividends enhances your financial situation. Go for both – income and growth in finances and in life.
There are more questions than answers, till the next time to raising questions