• TexMexBazooka@lemm.ee
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      9 months ago

      That’s not a good example. A lot of tech companies don’t pay dividends because they aren’t yet profitable. The share price fluctuates heavily because it’s all speculative.

      Longer term, profitable companies that pay consistent dividends are the bread and butter over a strong passive income generating portfolio. You can also get significant dividends just from index fund ETF.

      A million dollar portfolio can easily print $30000-$50000 a year in dividends depending on how it’s allocated