Sven Klünder blogs about his finances on Instagram as an “investment engineer”. Sven Klünder
With the help of dividend stocks, “investment engineer” Sven Klünder was able to generate additional income from his six-figure portfolio.
According to its own statements, Klünder invests mainly in stable, dividend-paying stocks and leaves room for riskier investments.
Many investors rely on dividend stocks to generate passive income while broadening their portfolio. You benefit from the regular distribution of dividends as well as potential share price gains – this gives share owners a double advantage.
Sven Klünder, known under the pseudonym “Investingenier”, was able to build up a six-figure portfolio with dividend stocks within ten years – and received 12,300 euros in dividends last year. Business Insider was given access to his portfolio. “My focus in the portfolio, maybe 65 percent, is individual dividend stocks,” says Klünder in an interview.
Read too
What mistakes “buy and hold” investors should avoid, according to an investor with a six-figure portfolio
Thanks to dividends on the way to financial freedom
Klünder sees many advantages for investors in dividend stocks. “You have additional income because you benefit from the distributions,†he says. “This makes you a little more financially independent.†But there is another advantage for him personally: motivation. “Imagine your Monday sucks, and then—bing! “A message comes to your cell phone and you have received money,†he says. “This always gives me a boost of motivation and makes my day better.â€