Income investors practice a very straight-forward strategy. They buy stocks with the highest dividends and dividend yields. Income investors focus primarily on securing a steady income stream, instead of worrying about capital gains (although they obviously hope that the shares will increase in value). The stocks of large, well-established companies usually quality as income stocks. Income investing is one of the more conservative stock strategies, yet there are still the usual risks involved in investing in equities. In some respects, this strategy is closer to bond investing than stock investing, even when stocks are used. This strategy in Nigeria is usually practiced by the order/retiring/retired investors.
