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Re: Dividends for life Sirschnitz  06-03-2008, 12:46 PM | Post #2524286
1  

General advice for potential Dividend Investors.

1.  Gain knowledge before taking action.  Read Josh Peters' book on dividend investing, "The Ultimate Dividend Playbook" and subscribe to M*'s "Dividend Investor Newsletter". 

2.  Do not rush the process of shifting toward Dividend Investing.  It is a truism that "haste makes waste".  Hasty action may lead to later regrets and end up only pleasing the tax collector.

3.  I recommend a premium subscription to M*.  They give you unbiased opinions of individual stocks.  Not to say that they can't be wrong on occasion, but they are not getting paid to push certain stocks.  And yes, I am skeptical of brokerage recommendations.  

4.  Read this forum.  The investors here do not always agree on every detail, on every stock, on every Fund, but there is a lot of collective experience and wisdom.  

5.  IMO, a key to successful investing is developing an investing strategy you can live with, i.e., one that is compatible with your psychology. 

Regards,
Russ 

Topics brokerage dividend dividend investing josh peters View Complete Thread
 
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