To me, investment is all about income. That income might be the coupons from bonds, the rents from property, or the dividends from shares. Wherever it comes from, income can make you rich.
I think too many people are obsessed with the short-term changes in the value of their investments. The media always talks about what level the FTSE 100 ended the day at, or how fast house prices are going up.
Very rarely is there any mention of the dividends that are paid to shareholders, or the rents that landlords receive; this is despite the [...]
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