SRET: 8% Yield Isn't Worth The Long-Term Pain

Core Insights - The article emphasizes the importance of receiving a safe and growing stream of dividends as a means of generating passive income, highlighting that this process requires time and strategic investment choices [1]. Investment Strategy - The investor, Philipp, has nearly 20 years of experience and adopts a global approach to identify undervalued companies that provide a significant margin of safety, which leads to attractive dividend yields and returns [1]. - Philipp focuses on companies with a solid earnings track record that are trading at less than 8 times free cash flow, indicating a preference for value investments with potential for future growth [1].