Hello from all of us at The Smart Investor! We hope you and your family have a fantastic and prosperous Lunar New Year!
As we step into 2025, we’re greeted by the Year of the Wood Snake, known for its symbolism of knowledge, wisdom, and intelligence. Just like the Snake, which rejuvenates by shedding its skin, this year brings themes of transformation and renewal.
Celebrations during the Lunar New Year are marked by savoring delightful dishes and exchanging red packets, or hongbao, with our parents and children as part of the tradition.
### Dividends to Fill Your Hongbaos
While pondering over how much to place in each red packet, dividends might be a helpful resource. Owning stocks that pay dividends can be a practical way to help fill those hongbaos.
The beauty of dividends is in their potential to provide a steady stream of passive income, which complements your regular earnings. If your dividends are substantial enough, you might find that even after stuffing all the hongbaos, there’s still some extra cash left over for additional holiday indulgences.
