Publisher's Synopsis
Why should you accept a savings account interest rate of 0.01 percent? or accept a Treasury bill that pays less than 2% annually?
With a $500k nest egg in 1990, you could have retired in comfort. All you needed to do to earn a consistent 8% a year was to invest your money in a Treasury Bill.
That's $40,000 put into your account annually from what most analysts would deem to be the safest investment in the entire planet.
Today, you won't receive 8% a year if you invest $500,000 in the same Treasury Bill. Not even close.
A Treasury Bill only paid 1.25 percent year in 2020. With a $500,000 investment, that's only $6,250 in annual income.
On $6,250 a year, you cannot live anywhere in the US, the UK, or Canada.
What should one do instead?
In addition to outlining why you shouldn't rely on government bonds for your retirement, this book will also outline exactly what you should do in its place-spoiler alert: it doesn't entail using Social Security.
You'll need the correct knowledge to assist you plan out your next steps if you want to make sure you get off to the right start. You can learn an easy method for dividend investing from this dividend investment playbook.
You'll learn the following in Dividend Investing for Beginners:
A thorough tutorial on how to start buying dividend stocks, covering everything from what to buy to what to avoid.
How to choose dividend stocks that are good investments
The 11 largest errors people make when investing in dividend stocks, and how to avoid them
Why a smart investment doesn't necessarily have high dividends
The one action you can take to raise your investment and multiply your earnings without exerting any additional effort
How to start purchasing dividend stocks for under $100.
How to instantly diversify your investment portfolio using just one transaction
The most secure dividend stock categories to include in your initial portfolio
Regardless of market conditions, you may easily implement the no-brainer investing strategy
The hazards associated with dividend investing and how to guard your portfolio against them
Added sections Tips on how to comfortably live off your dividend income in retirement, as well as additional investments to strengthen your portfolio
plus a lot more.
Even if you just have a modest amount to invest, if you regularly increase it, the value of your investment will increase with time.
To succeed at dividend investing, you don't have to be an expert in finance. You only need to be knowledgeable enough to choose wisely when the time is right.
And dividend investing books and other materials that deepen your understanding of investments will teach you how to achieve that.
You may gradually but steadily build up a trustworthy portfolio that will meet your needs for many years if you start now, establish a sound plan, and stick to it.
