The Dividend Rich Investor: Building Wealth with High-Quality, Dividend-Paying Stocks

Rating:
Summary: The Dividend Rich Investor
Review: A very good book on how to buy common stocks directly from the company. I have a friend who is a stock broker at a major firm and all the scams that go on there I am shocked that more stock brokers are not doing time. Even main stream firms stink of the boiler room. They push the stock of the day and most brokers know little to nothing about the market, they're just there to sale the stock the firm tells them to sale. Total boiler room hype!
Drips are the best way to buy stock. Why pay stock broker fees. Buy direct. Save money. This book tells you how.

Rating:
Summary: Highly recommended for beginners
Review: It's not exactly the most glamorous way to invest in stocks, but selecting good quality dividend paying stocks is a great way to earn passive income over a long period of time.

This book contained a few lists of stocks with average yields and so forth which I found helpful, but the sheer amount of numbers became mind numbing at times. Overall, I found some really good information in here about how to select reliable dividend paying stocks and which ones to avoid. Some of the issues covered were companies that regularly increase their dividend yield, how to aggressively buy stocks in companies which have actually cut their dividend recently. I was surprised that the authors advocated buying stocks with low, but increasing yields. After reading that chapter, I can see their point. If you want to chase high growth, high paying stocks, don't go for dividend paying stocks.

I'm giving this book 4 stars because I think it provides much valuable, but basic, information. This book will only appeal to novice or beginning investors who know little or nothing about dividend paying stocks. If you're more of an advanced investor who likes buying high flying Internet stocks, you can skip this book. Dividend investing is a very conservative, long term investment method, and if that's what you're looking for, by all means buy this book.

Rating:
Summary: Best investment advice
Review: The dividend investing approach illustrated in this book is perhaps the most under-rated, under-promoted investment strategy. It's not as exciting as investing in internet stocks, but it's very easy to implement and it can create an amazing income for life. I especially recommend this book for young investors.