Safe Dividend Investing
In 2000, I lost $300,000 in mutual funds that an investment advisor had put my lifesavings into.... I lost it because I had entrusted it to an industry that does not educate investors nor encourage them to look closely at what that industry is doing with their money..... I set out to find a better, safer way to invest..... My podcasts relate to what I learned in creating a generous, reliable income and in growing my wealth.... A few of the more important lessons I learned and explore are:.... (1) It is critical that you become a self-directed investor.....(2) If you can not easily measure the risk and potential in an investment, then do not invest in it. This excludes from your portfolio bundled investment devices, like mutual funds, ETFs and Index funds,..... (3) Financially strong companies who have paid “good dividends” for decades will continue to stay strong and continue to pay good dividends because it is both part of their "character" and in their executives selfish interest.....(4) Diversification is critical. Investing equally in the best 20 strong dividend stocks is the ideal.....A portfolio of 20 limits your risk in any one stock to 5% of your wealth..... No matter how strong you think a stock is, do not fall in love with it..... I have lived very well off my steady dividend income for 18 years, through two market crashes and one pandemic. I have watched my portfolio’s capital more than triple from where I started, despite taking out a generous dividend income every year to live on... In charts, for my second investment book,(Safer Better Dividend Investing), I spent months scoring all 628 dividend stocks paying dividends of 6% or greater traded on the TSX, NYSE and the NASDAQ. I discovered dozens of stocks that can provide not only a generous dividend income but outstanding capital growth.....Financial independence is realizable for careful, patient, dividend investors.
Safe Dividend Investing
Latest Episodes
Podcast 296 - BEWARE OF CROOKED INVESTMENT ADVISORS
"A FOOL AND HIS MONEY ARE SOON PARTED". Investment advisors love clients who never question what they are doing with their client's money, Many clients put their blind faith in an employee of a large financial institution who is being pai...
Podcast 295- SAY NO TO BONDS, PREFERRED SHARES, ETFs AND MUTUAL FUNDS
Bonds, Mutual Funds, Preferred Shares, Real Estate and ETFs are often promoted to investors who fear investing in the stock market. They are described as safer investments than stocks - whose share prices are controlled by speculative bidding. ...
Podcast 294 - DOUBLING YOUR INVESTMENT MONEY
Podcast 294Canadian Top 10 High Scoring StocksThis podcast is a continuation of Podcast 293 on the US Top 10 high scoring stocks, There are millions who have patiently saved their money for decades in ban...
Fan Mail
Hello Ian, would you be able to share the full transcript of your February 29th of 2024. Podcast #157? I am reading the iPOD app, but the full transcript I believe is missing. Thank you. Sharon Bart Thornhill, Ontario
Toronto, ON