The story of Denise Prudhomme, an employee who clocked in for work at Wells Fargo and was found dead four days later, is a haunting reminder of the devastating impact of work-related stress and burnout. According to the Bureau of Labor Statistics, 5,486 individuals died at work in 2022, while the American Institute of Stress claims that 120,000 individuals die of work-related stress every year. These statistics are a stark reminder that the workplace can be a toxic environment that can claim our lives.

However, there is a way to break free from the cycle of stress and work, and it's not by simply switching careers. It's by adopting an income investing philosophy that can provide for you, your family, and your descendants over the long run.

Dividends are irrevocable returns that provide a sense of security and stability in an uncertain world. Unlike work, which can take a toll on our physical and mental health, dividends can be a source of passive income that can outlive us. They can provide for our loved ones and future generations, giving us peace of mind and financial freedom.

But what exactly are dividends? Simply put, dividends are cash payments given to shareholders by companies. Unlike realized capital gains, which can disappear in a flash, dividends are a form of return that once received, can never be taken back. This is why I love high-yield dividends because they can provide a sense of security and stability in an uncertain world.

So, how can you tap into the power of dividends? The key is to focus on quality income from quality sources, such as stalwart dividend payers and funds. These investments have a history of paying dividends consistently over the years, providing a sense of security and stability for investors.

Consider the examples of WFC, Royce Small-Cap Trust, Liberty All-Star Equity Fund, Adams Diversified Equity Fund, and The Coca-Cola Company, all of which have a long history of paying dividends. These investments can provide a steady stream of income that can outlive us, giving us peace of mind and financial freedom.

But, the benefits of dividends don't stop there. They can also provide an abundance of income that can overwhelm our expenses, an abundance of opportunities that we can explore because we're not financially constrained, and an abundance of memories to think back on and share that was made possible by living in true financial freedom.

So, what's the take-home message? The takeaway is that dividends can be a powerful tool for building wealth and achieving financial freedom. They can provide a sense of security and stability in an uncertain world, and can outlive us, giving us peace of mind and financial freedom.

The Unbeatable Beauty of Dividends: A Lifelong Provider

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