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starting_to_invest [2014/03/15 12:23] tom |
starting_to_invest [2020/02/06 00:43] (current) tom |
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| 1. You can invest yourself. In fact, you must learn to invest yourself. Here's one mighty powerful reason: if you had bought Bank of Nova Scotia common shares in 1990, you would have earned a total return of 31.6% per year up to the end of 2005. Of this, 14.2% was dividend yield on the original investment and 17.5% in capital appreciation. Thirty two percent a year. As they are required to say in mutual fund ads, the past is not ... However, with dividend stocks it's different: dividend growth drives price growth. More on that topic later. | 1. You can invest yourself. In fact, you must learn to invest yourself. Here's one mighty powerful reason: if you had bought Bank of Nova Scotia common shares in 1990, you would have earned a total return of 31.6% per year up to the end of 2005. Of this, 14.2% was dividend yield on the original investment and 17.5% in capital appreciation. Thirty two percent a year. As they are required to say in mutual fund ads, the past is not ... However, with dividend stocks it's different: dividend growth drives price growth. More on that topic later. | ||
| - | You need to 1) open a discount self-directed account at a major bank, 2) transfer your funds into that account ((they' | + | You need to 1) open a discount self-directed account at a major bank, 1b) Do not let them ask you to do a risk profile questionnaire (your goal: growing equity income) |
| - | The average broker has some 300 clients. How much attention will you get if you deal with a broker? And the broker is in business, realize, to sell the securities | + | The average broker/ |
| It's your money. You alone are motivated to manage it best. | It's your money. You alone are motivated to manage it best. | ||
| At the most, you are only going to buy a dozen common stocks with growing dividend in your lifetime. And you'll hold them for the rest of your life (The Investment Zoo page 104, 94). In a way, it's quite simple. | At the most, you are only going to buy a dozen common stocks with growing dividend in your lifetime. And you'll hold them for the rest of your life (The Investment Zoo page 104, 94). In a way, it's quite simple. | ||
