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C**J
Hard Facts - ZERO Fluff - and Jam-Packed Knowledge
I love this guy's writing style because the entire book is SUPER SHORT and goes straight to the point telling you with ONLY HARD FACTS and ZERO B.S. why dividend investing is unmatched by other streams of income.I've dabbled in many passive income streams Real Estate Investment Trusts (REITs), Rental Properties, ATMs, MLMs, and more, and this book made a compelling argument as to why dividend investing is the real winner among many passive income streams.WHY ARE DIVIDEND STOCKS SO GREAT? THIS IS WHAT I LEARNED:Dividend stocks will continue to pay you REGARDLESS of if the market is up or down. For instance, say you put $1 million in Wells Fargo stock at $46 per share and with a 4.6% dividend yield you receive $46,000/yr in passive income. If the stock plummets to say $10, you already secured your position and therefore will CONTINUE to make $46,000 a year in passive income.BUT IT DOESN'T END THERE... this book goes in depth about dividend growth rate. If you bought into a dividend and secured a 3% yield and got $30,000/yr in passive income, that SAME $30,000 will turn into $130,000/yr in passive income in 30 years if the growth rate of the yield is 6% per year which is VERY NORMAL. THAT'S ASSUMING YOU SIMPLY LEAVE IT ALONE AND DON'T REINVEST THE DIVIDENDS AT ALL.This book talks about the compounding effect of reinvesting in dividends, watching the appreciation of the stock help as well, plus seeing the growth rate of the dividends all act in favor of you. So.. NOT ONLY can your annual dividend income increase naturally even without putting any more in, but so can the value of the overall stock (which is great if you ever want to sell).This book is about building REAL WEALTH by putting as much or as little as you can into regular dividends. This is a stream of income where YOU DO NOT need to watch the market everyday and could care less what the price of a stock is. That's how secure this income stream is.The author also dives deep into specific dividend stocks and why they're so good - he tells you to focus on the few 25 companies in the world that have successfully:1) Paid dividends for the last 50 years consecutively2) Grown their dividend yield each year for the last 50 years3) Have also appreciated in stock price consecutively for the last 50 years.AND BEST OF ALL, it doesn't even fricken matter what the stock price is of those premium stocks. A dividend yield is STILL a dividend yield. If it's 3% you're going to make back 3% of your investment every year in passive income PLUS appreciation depending on the growth rate of that dividend.Best book ever!!! I'm gonna be reallocating my assets into more dividend stocks.
M**N
Safer Investment Strategy with Good Upside and Less Risk
Nathan's book is great for anyone who wants to understand dividend investing both in terms of individual stocks and mutual funds. His book is an easy, quick read and reference and it contains great tips as do his exceptional YouTube videos. I watch a lot of YouTube investment videos and read various investment books and Nathan's research-based strategies and tips are some of the best. His writing and explanations are very clear and accessible to everyone, whether you have investment experience or not. Given the uncertainty in the market today and all the current talk about possible corrections and/or inflation relative to government's decisions around tapering and interest rates, it was great to read about a strategy that can leverage strong/solid gains while minimizing risk. In a time when bonds are not currently performing as they once did as a safer haven, it is great to consider another way to invest that can allow one to sleep easier than some other strategies. Such other strategies may offer greater gains, but they do come with greater risks than many of us can afford or tolerate. Big thanks to the author, Nathan Winklepleck, for adding his knowledge and perspective to my investment thinking and strategies.
D**L
A basic reference for newbies
If you need to hear a solid case about why you should be investing in dividend growth then this book is great. Save your time if you already know that.The author is very good at explaining the concepts while keeping it simple. You will understand yield, growth, and payout ratio. But after reading you likely won't be ready to take any action except maybe buy a dividend ETF.If you want details on how to construct and manage your portfolio, try some other books.
S**S
Easy read, straight to the point
After recently starting to invest in stocks, dividends caught my attention. This book helped me understand some of what I was already doing but didn’t know why. Simple strategies that work.
A**R
Blew my mind
As an extremely novice investor, this book was a must read. Very clear examples that are easy to follow and bring the concepts to life. There’s a few typos throughout the book but don’t let these distract you from the magic that Winklepleck conveys. I love that he has a list of recommended books at the end of the book; just ordered a few so that I can dive deeper into the topic. Highly recommend for any new investor!
K**4
Good basic book for beginners
Good basic explanation of dividend stocks. Not sure I learned anything new. Good read for someone completely new to dividend investing.Author feels more like a dividend investing cheerleader vs someone giving an objective opinion and analysis.