A summary of things you should know about Get Rich with Dividends according to Marc Lichtenfeld: Introduction In this episode Marc Lichtenfeld takes a deep dive into his book GetRead More
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]]>In this episode Marc Lichtenfeld takes a deep dive into his book Get Rich with Dividends, where he shares his investing strategy for achieving double-digit returns.
In his book Lichtenfeld provides a systematic approach to finding stocks with high returns, structuring your investments for better financial security, and setting up your investments with little maintenance. The goal of the book is to help you achieve double-digit returns annually, become worry-free about your investments, and increase your returns even when the market is low.
This book is perfect for entrepreneurs who are interested in dividend investing, but are searching for low risk investments that require very little maintenance.
This book was really written for novice to medium level investors. If you are a very active investor and an expert in it, it will certainly open your eyes to some new ideas but it’s really written for the person that doesn’t have a lot of time. It gives you actionable items that people can take in order to setup portfolios that will keep up with and beat inflammation over the long-term.
If you have the basic understanding of what dividends are and why they are important than you can start in the middle of the book where I talk about how to go over a portfolio and how to setup the system. The first part of the book is a basic understanding of dividends, landscaping, and how it all works.
It would be that if you invest in these stocks for the long-term using this strategy you are going to get to where you want to be financially. It’s not just a theory but rather a system that works.
In the beginning of the book we start off talking about all you need to know about dividends. I talk about how much these stocks have outperformed over history. You are taking a long-term look at the stock market so it’s not just 10 to 15 years but really looking back over almost 100 years. I give example stories of companies that have raised their dividend every single year no matter what is going on.
I also talk about how boring dividends can be but how they do consistently outperform the market year after year because they are increasing the dividend.
I talk about the system and the portfolio, how to setup, the kinds of stocks we are looking for, what the variables are for these stocks. You will know how to look at the market and different variables and find out if that particular stock will qualify for that system.
Towards the end of the book I go into other topics like dividends reinvestment plans and how you can do it directly through the company, foreign stocks, and taxes.
I also have a glossary for anybody who isn’t too familiar with investing. But Like I said it’s written for novice to medium level investors so it’s not going to be too difficult even if you have very little experience in investing.
NOTE: That was just a summary. To get the full deep dive, play the audio clip at 07:50
“A bear market can be your best friend.” – Marc Lichtenfeld
I am the Chief Income Strategist at The Oxford Club and the Editor of The Oxford Income Letter. I am a former Wall Street Analyst, left the dark side and came over to work with subscribers and individual investors rather than Wall Street.
There were a few; one of them was the great reception in 2008-2009 and seeing people get hurt so badly in the markets. They were getting out at the wrong time and not getting back in at the right time. I wanted to help investors find a way that they could sleep at night even during difficult market periods and continue to make money. I also wanted to create a system where not only could they invest well but also find a way to ensure that their lifestyle that they worked so hard for does not deteriorate due to inflation.
Contrarian Investment Strategies by David Dreman
Buy Get Rich with Dividends by Marc Lichtenfeld on Amazon today
Visit GetRichWithDividends.com to learn more about Marc and his book
Visit OxfordClub.com to read all about the Oxford newsletter
Follow Marc Lichtenfeld on Facebook and Twitter
Download the full transcript here (coming soon)
Listen on iTunes, Stitcher , and SoundCloud
Related books:
The 3% Signal by Jason Kelly
Buy, Hold, and Sell by Ken Moraif
Get What’s Yours by Larry Kotlikoff
What did you like and not like about this episode? Fill out this one minute survey here.
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]]>A summary of things you should know about The 3% Signal according to Jason Kelly: Introduction In this episode Jason Kelly shares all the insights on his book, The 3%Read More
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]]>In this episode Jason Kelly shares all the insights on his book, The 3% Signal, where he reveals a revolutionary investing strategy that will change your life.
In his book Kelly takes the stress out of investing by providing a simple formula that can be added to any type of financial account in order to help novice investors level the playing field. The goal of the book is to help you ensure a secure retirement plan, react intelligently to price changes, learn how to buy low and sell high, and understand the basic language that is utilized in the investing industry.
This book is perfect for entrepreneurs that are interested in increasing their personal wealth and are looking for a simple beginners guide into the world of financial investments.
It’s not a book that is trying to show you how to be smarter than everybody else. This system is based on history, based on a simple timeframe and it’s something somebody can manage with just 15 minutes of effort per quarter using only prices alone.
Reading the book front to back is the best way to go.
It’s that prices are all that matter. Ideas count for nothing and opinions are distractions. The only thing that matters is the price of an investment whether it’s below a level indicating a good time to buy or above a level indicating a good time to sell. We can know that level and this is a system that tells us.
The first chapter is called Why Markets Baffle Us and this is where I introduce a concept that comes throughout the book called Zero Validity Environment. This chapter looks at why it’s so hard for us to get financial markets right.
At the end of each chapter in the book I include an executive summary to review the key parts of the chapter the reader should obtain.
The next chapter is called Harnessing Fluctuation. Flat lines are not conducive to profit, we need rises and we need falls, and we need to use them intelligently. If we can’t predict them what can we do instead? All we want from a growth fund in our account is 3% per quarter and that’s what this chapter lays out.
Chapter three is titled Setting A Performance Goal and this shows the background on why I go with 3%. The reason it turns out to be a sweet spot is that annually it turns into 12.6% per year which is 26% more than the stock markets average 10% per year over the last 90 years or so.
Chapter four is titled What Investments to Use and this is where you find out why small companies are best for the growth side. This chapter also looks at why bonds are best to use for safety.
Chapter five is Managing Money in the Plan and this goes over some brass tacks of how to handle regular contributions to your funds.
Chapter six is called The Plan in Action and this looks at more brass tacks things such as what time of account you have, what types of funds are in there, and how to find the right ones.
The last chapter is called The Life of the Plan and this is where it all comes together in a look at three investors. These three investors are fictional people working at a fictional company but it’s a real life scenario that takes all three of them with identical incomes and 401k plans through a 50 quarter time period (12 and ½ years).
NOTE: That was just a summary. To get the full deep dive, play the audio clip at 09:23
“The stock market is humanities money mind writ large. For many there is no greater distraction from life than the new cycle connected to financial markets. The more enlightened way to navigate the market is by letting it all go, reducing the chaos to a concise list of prices, visiting that list just four times a year, letting an unemotional formula tell you what the prices mean you should do, and then doing it. This higher state of investing not only performs better; it costs less and uses less of your limited time on earth.” – Jason Kelly
I started out writing for IBM at the Silicon Valley laboratory in San Jose California right out of college. I learned there to write about complex topics and I had a great editor there who really focused on surprising readers. Four years after working there I finally had enough income after writing books on my own about the stock market to leave IBM and become a fulltime freelance writer. So for the past two decades I have been writing about the stock market. I moved to Japan 13 years ago after being here on a book tour and falling in love with the place.
The inspiration was noticing friends and family that had been struggling with the stock market for years. Over the years for writing for people and helping them with their investments I came to realize that almost everything in the stock market is geared against the individual investor. This is hard for professional investors to get right much less the part-time investor. I wanted to give people a system that does work that doesn’t require any input from the media, beats the market in almost all pros over time, and is simple enough that anybody can do it. It’s the product of two decades of research and is the best practice I’ve been able to come up with.
The Interpretation of Dreams by Sigmund Freud
Buy The 3% Signal by Jason Kelly on Amazon today
Visit JasonKelly.com to learn more about Jason and his book
Follow Jason Kelly on Facebook and Twitter
Download the full transcript here (coming soon)
Listen on iTunes, Stitcher , and SoundCloud
Related books:
Buy, Hold, and Sell! by Ken Moraif
The Millionaire Fastlane by MJ DeMarco
Get What’s Yours by Larry Kotlikoff
Relevant advice and tips:
5 Personal Wealth Management Tips For Financial Stability
What did you like and not like about this episode? Fill out this one minute survey here.
The post A Preview of The 3% Signal with Jason Kelly appeared first on The Entrepreneurs Library.
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