What is Reddit's opinion of The Dividend Mantra Way: Achieving Financial Independence By Living Below Your Means And Investing In Dividend Growth Stocks?

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You hear so many people talk about the 4% rule, selling off 4% of your Portfolio in retirement. Well, first off that assumes youre only going to live x amount of years, god forbid you sell off your entire Portfolio and you live to be 95. That also assumes you dont want to leave anything for your kids and any other family members.

Of course, all of this is just personal preference but I would 100% prefer to continue investing in my portfolio and build a passive income machine from my dividend returns. When youre investing in world class companies that have been around forever and arent going anywhere, the risk is minimal. Think Coca-Cola (KO), Johnson and Johnson (JNJ), Proctor and Gamble (PG), etc.

Im currently reading The Dividend Mantra Way - By Jason Fieber, he has a blog a well, http://www.dividendmantra.com/, with a goal to retire by 40.

The chapter I was just reading explains it this way:

Consider your Portfolio is a cherry tree. Each branch is a stock position. Say youre invested in 25 companies, you have 25 branches. Each branch produces cherries (dividends) at different times (some monthly, some quarterly, some semi-annually). When fruit (dividends) are produced, you can choose to plant those cherries again to produce more fruit or you can harvest them (to pay bills, etc). Regardless, more cherries continue to grow for your to harvest.

If you choose to liquidate, you effectively cut off that branch. That branch dies and will never produce cherries for you again. So the next time you want some cherries, you have to go to another branch and do the same thing again. Cut it off, it dies, there will be no more cherries from that branch. Your tree only has so many branches, eventually it will be barren and will die.

Again, its all up to personal preference but a proper dividend growth strategy and investing in the Dividends Champions, companies that have been around for decades increasing profits and increasing dividends, your Cherry Tree will only continue to grow and produce greater yields and substance.