Comments on: 25 Rules to Grow Rich By http://www.thedividendguyblog.com/25-rules-to-grow-rich-by/ One Guy's Journey to Passive Income Through Dividend Investing Fri, 10 Feb 2012 13:02:29 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Weekly Dividend Investing Roundup http://www.thedividendguyblog.com/25-rules-to-grow-rich-by/comment-page-1/#comment-20383 Weekly Dividend Investing Roundup Fri, 14 Sep 2007 23:46:51 +0000 http://www.thedividendguyblog.com/2006/10/19/25-rules-to-grow-rich-by/#comment-20383 [...] 5. The Div Guy (this is not short for my blog name - it is another dividend blogger) wrote about getting free trades using Zecco.com. Low fees and portfolio performance can have a direct correlation. I have written about low fees here and here. [...] [...] 5. The Div Guy (this is not short for my blog name – it is another dividend blogger) wrote about getting free trades using Zecco.com. Low fees and portfolio performance can have a direct correlation. I have written about low fees here and here. [...]

]]> By: Send Money Online » Carnival of Personal Finance #71 http://www.thedividendguyblog.com/25-rules-to-grow-rich-by/comment-page-1/#comment-3486 Send Money Online » Carnival of Personal Finance #71 Mon, 06 Nov 2006 17:08:51 +0000 http://www.thedividendguyblog.com/2006/10/19/25-rules-to-grow-rich-by/#comment-3486 [...] 25 Rules to Grow Rich By at Dividend Guy Blog Highlights and comments on 6 of the 25 rules regarding investing. [...] [...] 25 Rules to Grow Rich By at Dividend Guy Blog Highlights and comments on 6 of the 25 rules regarding investing. [...]

]]> By: Carnival of Personal Finance #71 - Fat Pitch Financials http://www.thedividendguyblog.com/25-rules-to-grow-rich-by/comment-page-1/#comment-3165 Carnival of Personal Finance #71 - Fat Pitch Financials Mon, 23 Oct 2006 19:30:26 +0000 http://www.thedividendguyblog.com/2006/10/19/25-rules-to-grow-rich-by/#comment-3165 [...] 25 Rules to Grow Rich By at Dividend Guy Blog Highlights and comments on 6 of the 25 rules regarding investing. [...] [...] 25 Rules to Grow Rich By at Dividend Guy Blog Highlights and comments on 6 of the 25 rules regarding investing. [...]

]]> By: mark http://www.thedividendguyblog.com/25-rules-to-grow-rich-by/comment-page-1/#comment-3103 mark Fri, 20 Oct 2006 16:16:17 +0000 http://www.thedividendguyblog.com/2006/10/19/25-rules-to-grow-rich-by/#comment-3103 I read this article and was also stuck by how much of it was dumb fluff. You did a good job of seperating the wheat from the chaff. To me, it's the last rule (#6) that is most important. For a beginning investor, for years it will be the amount you save and put towards investing that will be more important than what you invest in. If you're a great stock picker - and can get a ten-bagger, well if you only had a few thousand dollars to invest, it won't make that much of a difference. But if you just save money month after month, year after year, and at least match the market's returns, the returns will be much more impressive. (and if you get a ten bagger with several tens of thousands to invest; now we're talking.) I started investing about a couple of years before the bubble collapse in 2000-2002. Though I lost a good amount of money in percentage terms, I luckily wasn't starting from a huge base of dollars. Just continuing to save and invest while the market was at a multi-year low, meant that I quickly made up for all my losses and got well into the black pretty quickly - even by investing in big ETFs like MDY. Also great was that I got some big companies with decent growing dividends at multi-year lows which also led to nice compounded dividends five years later. I read this article and was also stuck by how much of it was dumb fluff. You did a good job of seperating the wheat from the chaff.

To me, it’s the last rule (#6) that is most important. For a beginning investor, for years it will be the amount you save and put towards investing that will be more important than what you invest in.

If you’re a great stock picker – and can get a ten-bagger, well if you only had a few thousand dollars to invest, it won’t make that much of a difference.

But if you just save money month after month, year after year, and at least match the market’s returns, the returns will be much more impressive. (and if you get a ten bagger with several tens of thousands to invest; now we’re talking.)

I started investing about a couple of years before the bubble collapse in 2000-2002. Though I lost a good amount of money in percentage terms, I luckily wasn’t starting from a huge base of dollars. Just continuing to save and invest while the market was at a multi-year low, meant that I quickly made up for all my losses and got well into the black pretty quickly – even by investing in big ETFs like MDY.

Also great was that I got some big companies with decent growing dividends at multi-year lows which also led to nice compounded dividends five years later.

]]> By: TJP http://www.thedividendguyblog.com/25-rules-to-grow-rich-by/comment-page-1/#comment-3097 TJP Fri, 20 Oct 2006 06:16:09 +0000 http://www.thedividendguyblog.com/2006/10/19/25-rules-to-grow-rich-by/#comment-3097 I think the #1 rule is by far the most important. diversification is the number one goal in an investment portfolio because there's always a BULL market. I too like dividend paying stocks because on average they have retured 12% versus 11% on non-dividend stocks since the inception of the stock market. Nice post and keep it up. I think the #1 rule is by far the most important. diversification is the number one goal in an investment portfolio because there’s always a BULL market. I too like dividend paying stocks because on average they have retured 12% versus 11% on non-dividend stocks since the inception of the stock market. Nice post and keep it up.

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