I have been using the DRIP strategy to build passive income through Stocks for years (I am not an aggressive investor ). My passive income from the DRIP strategy is around 50% of my Total Passive income for 2021. The exciting part for me was using this strategy without knowing what DRIP was. While reading a book recently, I recently learned that many wealthy people use this approach to build significant wealth (I read about this recently in a book).
Before we learn about the DRIP strategy, we should understand some Dividend payment terminology. Check out Dividend…
