Ok time to put what we have learned into practice and get into our dividend investing strategy.
You already know what we look for in a dividend growth stock. Now you will learn how to go about buying them, how to make sure you don’t pay too much and how to manage your portfolio.
Have you heard any of the stories of old folks that were worth millions when they passed away because they bought stock in a company when they were young and held onto them for their whole life? That is what you can achieve by investing in dividend stocks, holding them long term for the rising income and reinvesting all of the dividend payments!
This is very achievable with a little discipline and the right kind of stocks. Time to build long term wealth!
The following is a series of articles that will introduce you to our investing strategy. After you have read through them, you’ll have a good understanding of how to get started investing.
Before you begin to invest you need to be comfortable with market volatility. This article will help you to think of volatility as your friend for buying dividend stocks at value prices.
How do you actually purchase stocks? This article will show you how to purchase shares in companies directly while keeping your transaction costs to a minimum.
The price you pay is everything! Here you will learn how to make sure you are not paying too much because your long term returns depend on it. Also, for a more advanced method, click here to find out about The Dividend Discount Model which helps you determine the value of a dividend stock.
Time to put your hard hat on! Here you will learn how to build a well diversified portfolio. You will also learn where to look for the best dividend growth stocks.
Once you have started building your portfolio, it is important that you manage the performance of your holdings. This article will show you how.
Ok that wraps up our dividend investing strategy. You now have a great foundation to build on in your journey to wealth creation and you hopefully have a good idea of how to get started investing.