“…I am a Dividend-a-holic and I am Addicted to Dividends.”
Warning: The following post may be difficult for some readers. Reader discretion is advised.
My name is Brad and sadly, I am addicted to dividends…
In the face of the current economic uncertainty I felt it would be therapeutic to write a post where fellow investors can confess their dividend sins in the hopes of being cured of various afflictions guiding their investing activities.
Some peers have even recently submitted confessions of being dividend addicts:
“Hello, my name is Paul and I’m a dividend-a-holic.”
Dividend Growth Investor:
“I love dividends. Getting more money from your stocks every month/quarter/year to put to work into the market is one of my favorite moments.”
“Hi, my name is MG and I’m also addicted to dividends….Dividends are prevading every corner of my life. I see them in my dreams, I use them to pay for home heating appliances, I even think about them in the shower and while running…I’m glad to hear that there are others out there like me.”
While a tragic addiction that many investors fall prey to, being a dividend addict has significant side effects that include:
- Seeking high quality dividend paying stocks that increase their dividends on a yearly basis
- Seeking tax-efficient cashflow in uncertain market environments
- Using dividends to re-invest into more shares of dividend paying companies
- Ecstatic exuberance when dividends are paid quarterly into our investment accounts which sometimes causes us to lose focus of our chores, jobs and children
If you are a fellow Dividend-a-holic and are addicted to dividends I invite you to share your story and support each other in our struggles.
If you know of a loved one who is suffering from a dividend addiction please share with them this online support group.
Only through understanding can we hope to diversify away from these dividends into growth stocks, speculative investments or 100% taxable securities.