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How I’m investing in dividend stocks to aim for £100 weekly passive income – Motley Fool UK

I am currently focusing on investing in dividend stocks with the goal of generating £100 in passive income every week. Dividend stocks are companies that pay out a portion of their earnings to shareholders in the form of dividends. By investing in these types of stocks, I am aiming to receive a consistent stream of income without having to actively work for it.

Dividend stocks are a popular choice for investors looking to build a passive income stream. By choosing companies that have a history of paying out dividends, I am able to rely on a steady income from my investments. This can be especially beneficial for those looking to supplement their regular income or save for retirement.

One of the key benefits of investing in dividend stocks is the potential for growth. As companies continue to grow and increase their earnings, they may also increase the amount of dividends they pay out to shareholders. This can lead to a steady increase in passive income over time.

In order to achieve my goal of £100 in weekly passive income, I am carefully selecting dividend stocks that have a track record of consistent dividend payments. I am also diversifying my investments across different sectors to reduce risk and increase the potential for growth.

Overall, investing in dividend stocks is a smart way to build a passive income stream. By focusing on companies that have a history of paying out dividends and diversifying my investments, I am confident that I can achieve my goal of £100 in weekly passive income.

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