Risk: Moderate

Starting a Dividend Fund Strategy as a side hustle can involve risks for beginners. There is a potential to lose money invested in stocks, time spent on researching and managing the portfolio, energy dedicated to monitoring market trends, and confidence if investments do not perform as expected. Beginners might spend money on stock purchases and not receive desired dividends or experience losses due to market fluctuations. While there are no guaranteed returns in the stock market, startup costs for investing in dividend-paying stocks can range from $500 to $2000. Some beginners online have shared stories of initial losses or challenges in generating significant dividends. I'd rate the risk a 2 out of 3 because there is a moderate risk of experiencing losses or not achieving expected returns, especially for those starting from scratch.