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Why Dividend Stocks?
This book is for people who already know how to save money and are trying to make that money work as hard as they can.
Start saving today! Try to save at least 10% of your income, as recommended in the book 'The Richest Man in Babylon'.
Dividends can be reinvested to compound annual returns year-over-year.
You need to know which types of dividend stocks to buy in order to achieve the maximum returns.
The 10-11-12 System:
The 10-11-12 system is designed so that in 10 years, the investor will be generating 11% yields, and will have averaged a 12% annual return on the portfolio.
Example stock referenced: Southern Company (NYSE: SO)
Jeremy Silva
Jeremy Silva lives near San Francisco with his wife and son. He is a writer, blogger, and personal investor. He is passionate about education, personal development, project management, and investing. His blog has over 100 book summaries on many topics including investing, self-help, and business. You can click on the link to read some interesting book summaries on Jeremy’s website (https://jsilva.blog/book-summaries/).