benjaminalbiachCapital preservation is one of the keys to long-term investment success, and like many things in life, that’s probably easier said than done. What often gets overlooked, however, is that when you buy dividend paying stocks, your initial capital is de-risked with every dividend payment into your account. For example, if you buy a stock at $100 per share, and get $5 in dividends after one year, then tax considerations aside, it’s the same as if you bought the stock at $95 today. That’s why  ...