4 passive income mistakes I’m trying to avoid with UK dividend stocks

4 passive income mistakes I’m trying to avoid with UK dividend stocks

UK dividend stocks provide me with a good opportunity to generate passive income. Yet I need to remember that with any investment, there are risks and common pitfalls. If I can minimise these as much as possible, it gives me the best opportunity to avoid unnecessary losses and expenses. With that in mind, here are several passive income mistakes that I want to avoid in advance. Passive income still needs effort

Firstly, I want to avoid having the mindset that UK dividend stocks offer me guaranteed income. Hopefully, the stocks I buy will offer me a regular dividend stream […]

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