Read? Depending On Your Dividends in the Land of Financial Independence For Small Retail Investor?
Learning from wise men of the past
” If you have a worry problem, do these three things:
1. Ask yourself: “What is the worst that can possibly happen?”
2. Prepare to accept it if you have to.
3. Then calmly proceed to improve on the worst.”
(Carnegie 49)
Newton said: "If I have seen further it is by standing on the shoulders of giants."
When companies started cutting dividends during crisis to save themselves; and what if the cut is even worse than our most conservative estimate. It may seriously impact our desired level of "passive" income in the Land of Financial Independence.
We need Plan B!
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