Sunday, 5 July 2015

Ways to increase passive income without funds being pumped in

1) switching from stock which has run up leaving a lower yield, to another stock which has a greater yield. Of course not forgetting watching downside

2) switching a stock which pays 1 x dividend to one that pays 2-4 times dividend. Of course dividends must be able to sustain n again not forgetting downside. With more payouts, can buy n different times of year with dollar averaging concept.

3) last but not least, simply buying a wonderful stock which increases dividend over time.

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