Came across this twitter discussion that’s worth sharing. I’m a huge believer in dividends, and almost never invest in anything without one… but a company’s dividend (other than it’s existence) isn’t a reason to invest. Retail locations are being closed, malls sit empty. While one twitterer points out that Macy’s stock would be worth less (worthless?) without it’s […]
Let’s pretend for a moment that the information in my book is truly differentiating. A way to invest and win all the time. Why can’t people stick with it? Reading this article on blackjack card counting titled ’surviving the continuous chain of disappointments’ helps understand why. The key to Thorp’s system was the ability to survive losing […]
I came across this great article on the Kiplinger finance site, 12 Dividend Aristocrats for Every Month of the Year. It lists 12 companies and shares some of their dividend history. As a group, you’ll get dividend payments every month. Getting paid every month, helps with budgeting and cash flow for sure. Though I like […]
Yes reinvested dividends are taxable income. Assuming you’re reinvesting dividends in a regular taxable account. If you’re using a 401k rollover / IRA account, then reinvested dividends are not taxable. The thing is, you probably mean to ask…
Dividend increases are amazingly powerful in their impact on the compounding of dividend “paychecks,” especially for people with a long term focus on building wealth. Increases compound over time, but also ensure protection of the dividend “paycheck” from inflation. A New Dividend King There are currently only 19 dividend kings, companies with 50+ consecutive years of dividend […]
The Irrelevant Investor
Charlie Munger is famous in the investing world. He’s a plain-spoken master of what should be the obvious, typified by the following response to a request for investment advice: Seems simple. In fact it is, and it’s powerful advice. There’s really no secret to getting started investing when taking this advice. Which begs the question… […]
The Elephant in the Room has a Paycheck (New York City: Infinite Probabilities, 2016)
A fun and socially conscious plan to get you started investing. Written by yours truly! Yeah, this is my book.
During the editing process, I read my book over and over. There were times when I was feeling down about the publishing process — whether how long it was taking, or how difficult some of the stages were. I’d read my book and be inspired.
I believe I’ve told a unique story that will help people who are not friends with numbers get started investing. Technology is making it easier than ever to get started, but people still need a story to hook their interest. Here it is.
It’s a quick read, shouldn’t take more than a couple or a few hours. But be prepared to re-read it, especially Part Four where I outline specific actionable steps to get started.
I’m also working on a free email course to take that section even further for people who start investing modestly with the purpose of learning more about investing. Subscribe if you’d like to be notified when it’s available.
40% of total stock returns come from dividends, but what are dividends? From Part 2 of my book: When you purchase shares in a company, you become a partial owner of that company. When buying shares on a stock market through a brokerage, you’re buying shares of a public company – a company that has […]