True Wealth Builders Have a Passive-Income Strategy

Here's how to build your own ...

In this issue of Investing Daily Dose(IDD):

👑The Dividend Royalty Recap👑

We were reminded again this week of the importance of having a passive-income wealth strategy.

The latest Consumer Price Index (CPI) report – the most widely used measure of inflation – came in at hotter-than-expected 3.5%.

Barring a “Black Swan” event, the simple truth is that higher prices are here to stay.

And they keep getting higher: Remember that while the Federal Reserve is fighting to “tame” inflation to 2%, that just means prices aren’t rising as fast.

But they’re still rising.

And as the new CPI report underscores, the Fed continues to lose that battle.

That’s the uncomfortable news.

The good news is that a passive-income portfolio can help offset these rising costs.

And in a series of special IDD reports this week, we showed you one way to get started.

We featured three “Dividend Aristocrats” from the ProShares S&P 500 Dividend Aristocrats ETF NOBL 0.00%↑ as a starting point for your research.

Though a real mouthful of a name, the ProShares S&P 500 Dividend Aristocrats ETF is a nifty foundational start for for generating passive income.

Still, we believe that the biggest total returns will come to those who own individual stocks.

That’s why we did those three “snapshots” on different Dividend Aristocrats to help you kickstart your own research. You can find the links to those free reports below:

·      AbbVie Inc. ABBV 0.00%↑: Click Here

·      Walmart Inc. WMT 0.00%↑: Click Here

·      Aflac Inc. AFL 0.00%↑: Click Here

We’ll see you back on Monday.

---

---

---

---

Disclaimer: The information published in Investing Daily Dose isn’t personalized financial advice or a specific investment recommendation and should not be interpreted as such. The content produced is intended for informational purposes only. The writers and team members of Investing Daily Dose are not investment advisors or financial planners, and you should consult your own professional before making any investment decisions. There is inherent risk involved with investing and financial decisions, and any investment decisions you make are solely your own decisions. Market outlooks, estimates, or projections should not be construed as actual events that may occur. While stats and figures are believed to be as accurate as possible from public information available at the time of publishing, the writers and team members of this publication do not make any warranties regarding the information’s accuracy. Neither the writers, team members, or affiliates accept any liability for any direct or indirect losses from the information contained herein. Team members, contractors, and guest contributors may own assets and stocks mentioned in Investing Daily Dose. By using this site or associated social media accounts, you are indicating your consent to our terms of use, and this disclaimer. All content published by Investing Daily Dose is copyrighted. Any unauthorized reproduction of any content published from Investing Daily Dose is strictly prohibited.