Be a Dividend Millionaire: A Proven, Low-Risk Approach That Will Generate Income for the Long Term

Contents......Page 7
About the Author......Page 12
Preface......Page 14
Introduction......Page 20
Lesson 1: Refrain from Wasteful Consumer Spending......Page 24
Lesson 2: Choose Cash and Carry and Avoid Shop and Burn......Page 25
Lesson 3: Use a 48-Hour Rule with Impulse Buys......Page 26
Lesson 4: Embrace this Four-Letter Word—SAVE......Page 27
Lesson 6: Ignore the Joneses—Chances Are, They Don\'t Own It (The Bank Does)......Page 28
Lesson 7: Take Charge of Your Finances; Then Invest......Page 29
Lesson 8: Grab a Shovel and Start Digging Yourself Out......Page 30
Step 1—Identify the Income Coming into Your Household Corporation......Page 32
Step 2—Identify Your Necessary Operating Expenses......Page 33
Step 3—Contribute Monthly Income to Savings......Page 34
Step 4—Identify Your Nonessential Monthly Expenses......Page 35
Step 6—Think Rich Actions, Rather Than Poor Thoughts......Page 37
Step 7—Trade Your Vice for a Less Expensive Option......Page 38
Step 9—Enlist the Help of a Financial Mentor......Page 40
Step 10—Make Your Quarterly Report......Page 41
Insurance Discounts......Page 42
Cutting Utility Costs......Page 50
Coupon/Shopping Websites and Other Discounts......Page 51
Look into Reducing Your Property Taxes......Page 52
Cut Car Expenses......Page 53
Cut Investing Costs......Page 54
Investors Sometimes Get a Bad Start......Page 56
Use Financial Planners Carefully......Page 57
Real Estate Is Fine, But Stocks Have Always Been Better for Me......Page 58
Make Sure Your Mental Muscles Are Strong......Page 60
\"Buy What You Know\" and Lose Your Shirt......Page 62
Treat Investing Like Gardening—Seed, Weed, and Prune......Page 64
Watch What Wall Street Does More Than What It Says......Page 66
Invest Like Spock—Without Emotion......Page 68
Don\'t Fight the Tape!......Page 69
Cheap Stocks Are Cheap for a Reason......Page 71
Never Use the Word \"Hope\" When Describing Your Stock Holdings......Page 72
Drawing Lines in the Sand Can Be Disastrous......Page 73
Finding Winners Is Easy, Making Money Consistently Is Hard......Page 76
Companies with Cash Aren\'t Always a Good Investment......Page 80
Find the Gauge and You Will Find Profits......Page 82
Ignore the Trend at Your Own Risk......Page 84
The Catalysts That Drive Stocks Higher or Lower......Page 85
Don\'t Over-Diversify in the Same Sector......Page 87
Insider Buying Can Be a False Tell......Page 89
Learn to Sell or Risk Losing Everything......Page 94
Stop-Loss Orders: A Tool Every Investor Should Utilize......Page 95
The Best Time to Sell and the Myth of Dollar Cost Averaging......Page 99
Calculating Your Average Price Per Share......Page 103
\"This Time It\'s Different\" Usually Means It\'s Time to Sell Soon......Page 107
Losing Investments Can Be a Good Thing!......Page 108
What Exactly Is a Dividend?......Page 110
The Beauty of Compounding Returns and Why It Doesn\'t Take Much Money to Start......Page 113
The All-Important Dividend Dates......Page 114
Dividend Yields and Avoiding Potential Dividend Traps......Page 117
Look for Dividend Stocks from Companies That Continue to Raise Their Dividends on a Regular Basis......Page 120
The Dangers of \"Value\" or \"Cheap\" Dividend Stocks......Page 127
DARS™ (Dividend Advantage Ratings System)......Page 129
Becoming a Full-Time Trader......Page 132
Paul\'s Strategies for a Trading Day......Page 134
Don\'t Let Taxes Affect How You Invest......Page 140
If You Want to Sleep at Night, Don\'t Play the \"Earnings Game\"......Page 141
How 9/11 Affected My Trading......Page 143
Shorting Is a Good Weapon to Possess When Needed......Page 145
The Dangers of Short-Selling......Page 148
Check Your Brokerage Account for Mistakes Periodically......Page 149
Conclusion......Page 152
C......Page 154
D......Page 155
H......Page 156
N......Page 157
S......Page 158
T......Page 159
X–Y–Z......Page 160