Many people focus on finding a big bucket (a well-paying job) and holding more water (a high salary).
To accumulate wealth, you shouldn't be obsessed with the size of your bucket.
Whether it's a small bucket or a large bucket, if our lives ultimately depend on earned income, we will never be able to escape being wage slaves.
Even if it takes a long time, we need to change from directly transferring water into buckets to transferring water through pipelines.
In other words, a process is needed to convert earned income into capital income.
People who are under the illusion that their youth and salary will last forever live a life satisfied with their earned income.
But to avoid becoming a wage slave, you must build a wealth pipeline that generates cash without earned income.

--- p.32~33 From “Part 1 1: Creating Lifetime Assets Without Money Worries”

If you invested in a dividend growth stock that has steadily increased its dividend every year and received a 3% annual dividend this year, you will likely enjoy a dividend yield higher than 3% next year.
This guarantees a slightly higher dividend yield than the previous year.
However, capital gains are not as stable as dividend income.
Just because you made a 20 percent profit this year, there's no guarantee that you'll make the same profit next year.
There is a good chance that the stock price will fall by more than 20 percent next year, causing you to lose all the profits you made this year.
Simply comparing the numbers 3 and 20 may make 3 seem insignificant, but if you add the additions of 'sustainable 3' and 'temporary 20', the story changes completely.
In the long run, sustainability is far more important than the size of the numbers.
--- p.62 From “Part 1, 3: Set Your Mindset from the Perspective of Dividends”

My wife's dividend growth portfolio has shown resilience in bear markets.
Moreover, since dividends were paid out consistently regardless of the stock price decline, my wife was not shaken psychologically.
What if you had structured your portfolio primarily around non-dividend-paying growth stocks? You would have undoubtedly felt anxious, constantly checking your dwindling investment.
My wife has held 20 dividend growth stocks for over a year and has personally witnessed dividends in 2022 that are even larger than in 2021.
If you hold on to dividend growth stocks persistently, you'll see your dividend income grow, independent of the stock price movement.
--- p.96 From “Part 2, 1: Receive dividends continuously from individual stocks”

I've concluded that unless we change our investment approach, time freedom is ultimately an illusion.
We plan to gradually increase the dividend pension every year going forward.
I am confident that your sense of accomplishment and happiness will grow along with your growing dividend pension.
My current goal is to 'make 3 million won per month in dividend pension,' but it's just a symbol.
The real goal is to expand endlessly as much as possible.
Anyone can do it if they just let go of their impatience.
I too am in progress, not in completion.
--- p.126 From “Overcoming the Limitations of Individual Events, Part 2, Part 2”

Accumulative investors should invest in stocks that pay dividends so that increasing the quantity can directly lead to profits.
There is absolutely no need to worry about prolonged declines or sideways movements.
This is actually an opportunity to maximize dividend income by increasing the quantity at a low price. By accumulating SCHD in an installment plan, you can invest independently of stock price movements while maintaining control over your earnings.
Although the payment of dividends is a crucial factor in determining the success or failure of an investment plan, most investors overlook it.
--- p.196 From “Part 3, 3 SCHD Basic Investment Strategy”

Anyone can build a robust dividend pension pipeline by accumulating SCHD over time.
However, because of the obsession with making a better choice, we often hesitate and give up halfway.
At this time, if you approach purchasing from the perspective of weight adjustment rather than selection, you can invest with more peace of mind.
For example, instead of thinking dichotomously, "Should I choose between fixed-term and lump-sum investing?", ask an open question, "What proportion of fixed-term and lump-sum investing should I have?"
It also reduces the burden because you don't necessarily have to choose the better one.
--- p.240 From “Part 3, Part 4, The Dividend Alchemist’s Investment Principles”

Successful experiences give us courage, and failure experiences teach us lessons.
Investors absolutely need these two experiences.
The difference between investing directly and not investing directly is like the difference between heaven and earth.
You can never understand that feeling unless you try it.
Even things that are theoretically possible often end in failure due to psychological obstacles.
The more volatile an investment is, such as a leveraged ETF, the greater the psychological impact.
Even in the same situation, the type and magnitude of emotions felt are different for each person, so whether or not you can overcome them is something only you can know through your own judgment.
Don't be afraid of failure.
Try investing even a small amount.
As you accumulate experiences of both success and failure, you'll begin to develop an investment strategy that reflects your own tendencies. Through repeated refinement and modification, you'll gain the strength to move forward.

--- p.274~275 From "Part 4 2 SCHD+TQQQ, SOXL Investment Strategy"