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As we go into the final week of The 4 Weeks of Dividend Winners, I am pleased to announce that this weeks book available in the giveaway is Joseph Tigue’s classic, The Standard & Poor’s Guide to Building Wealth with Dividend Stocks. Here is a brief synopsis of the book:
Investors are rediscovering the profitable advantages of dividend-paying stocks, due to the “bird in the hand” nature of regular dividend payments, dramatically reduced historical volatility, and the current reduction in the federal dividend tax rate. The Standard & Poor’s Guide to Building Wealth with Dividend Stocks tackles all the key issues for adding the stability and performance of dividend stocks to your portfolio, providing hands-on techniques for identifying the best dividend-paying stocks and companies, using dividend tax law changes to improve returns, and implementing innovative dividend stock strategies.
The most important point in this book is the fact that Tigue emphasizes that it is not just about finding high dividend stocks. More important, an investor needs to search out stocks with modest yields that consistently and religiously increase their dividends year after year.
The book also covers income producing stocks such as REITs, utilities, and preferred stocks. However, it is the chapter on magnifying your investment returns via dividend reinvestment. If you have been following my blog for any period of time you will know I love reinvesting dividends and this chapter sums up why.
How to Win
To enter the giveaway this week, simply submit a comment and tell me and readers of this blog your favorite investment book. I am always looking for books to read and want to hear the ones you found most valuable to your investing education. Good luck and thanks in advance for the comments!
The Intelligent Asset Allocator by William Bernstein. This book gives a high level approach to understanding correlations between different asset classes, their risk/return levels, and how to build a portfolio out of these assets. No other investment book has had as much an impact on my investment style than this one.
I will go with One Up on Wall Street by Peter Lynch. Lynch does a great job of keeping the reader interested while writing a very informational book.
While this book has nothing to do with Dividend investing, it does help me to understand market conditions and investor behavior in order to make more timely purchase decisions.
How To Make Money In Stocks - William O’Neil.
That has actually inspired me to make a post on this…
[…] unknown wrote an interesting post today onHere’s a quick excerptAs we go into the final week of The 4 Weeks of Dividend Winners, I am pleased to announce that this weeks book available in the giveaway is Joseph Tigue’s classic, The Standard & Poor’s Guide to Building Wealth with Dividend Stocks . … […]
ummmm…let me think…
Four Pillars of Investing by Bernstein.
I have to read the Intelligent Asset Allocator as previously mentioned - I’m sure I’ll love it.
Mike
Real Money from Jim Cramer’s not bad. Great place to start learning how to invest imo.
Thanks, Dividend Guy! I look forward to reading it!
Most of my reading has involved books that investigate the principles of living within your means and automatically investing in index funds, so I think books along the lines of The Millionaire Next Door, or the Automatic Millionaire are good starting points for people just being introduced to the concept of saving or investing. I’m ready to learn about investing at a different level.
“The Intelligent Investor” by Graham (I like the one put out by Jason Zweig, which contains commentary at the end of each chapter, along with some observations on how the chapter’s contents applied to a more modern situation - it shows the timelessness of the book).
One Up on Wall Street or Beating the Street by Peter Lynch. Even though I had been trading a while when I first read these books, I still found them interesting, informative, and a quick and easy read. Good books for investors of all ages.
A Random Walk Down Wall Street by Burton G. Malkiel.
Instead of trying to do crazy things with investments and predict the future, simple indexing is the best and simplest way to go.
For stock investing - The Single Best Investment by Lowell Miller. General Investing - A Random Walk Down Wall Street by Burton Malkiel and Four Pillars of Investing by William Bernstein.
The Investment Zoo, by Stephen Jarislowsky.
Easy to read, adapted to the Canadian realities.
I have to go with Bernstein’s “The Four Pillars of Investing” as well but I will also add Peter Lynch’s “One Up on Wall Street”, both because it’s well written, but also because it reminds me of how much I preferred the simplicity of Bernstein’s method of investing.
I like Rule #1 Investing, and also this is not an investment book but it’s a good book: Build to Last.
The Investment Zoo by Stephen Jarislowsky.
The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns (Little Book Big Profits) by John C. Bogle
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The Bogleheads’ Guide to Investing by Taylor Larimore, Mel Lindauer, Michael LeBoeuf, and John C. Bogle
Options as a Strategic Investment by Lawrence G. McMillan.
As a dividend investor we don’t often get off the beaten path into the world of options. However, McMillan’s book provides an excellent tutorial on one more bag of tricks we should have in our investing toolkit. Stragegies range from the ultra-conservative to “way to aggressive for me”.
[…] book prize. This past week I won a book, All About Dividend Investing, from the blog The Dividend Guy. I am looking forward to reading this […]
[…] a series of book giveaways that I just ran at The Dividend Guy, one of the ways that folks could enter into the contest was by providing me with their favorite […]