Praise for GET RICH WITH DIVIDENDS "Americans need financial independence. The government isn't going to get you there. In fact, it will be an obstacle to your comfortable retirement. Dividends are a perfect way to combat the threat of higher taxes and inflation. Not only is my friend Marc Lichtenfeld's book Get Rich with Dividends a great read, it's also one you should absolutely share with your family members, especially younger ones. This is the type of financial education you just don't get in school."
-Larry Kudlow, Host of Kudlow on Fox Business Network "Marc Lichtenfeld has done a superb job. Easy-to-read. Makes sense. I was a skeptic. Now I see how this strategy can really pay off."
-William Bonner, New York Times bestselling author of Financial Reckoning Day, The New Empire of Debt, and Hormegeddon "Most investors know the critical role dividends play in generating long-term returns. Marc Lichtenfeld takes a big step beyond the conventional chatter about dividends to provide investors with comprehensive strategies to help them choose the right dividend-paying stocks. In a low/no-yield world, this is a very useful tool."
-Aaron Task, Former Editor-in-Chief, Yahoo! Finance "If you're looking for growth, invest in dividend stocks. If you're looking for income, invest in dividend stocks. If you're looking to reduce your risk, invest in dividend stocks. And to learn exactly how to build your fortune safely and securely invest in this book. It's a classic."
-Alexander Green, bestselling author of The Gone Fishin' Portfolio, The Secret of Shelter Island: Money and What Matters, and Beyond Wealth "Marc Lichtenfeld's book is a timely, necessary, and easy-to-read reminder about the importance of dividend paying stocks. For a long time, especially during the tech boom, investors sacrificed steady dividend payments in favor of a stock's growth potential. Ultimately, however, stocks fell and those investors were left with neither cash nor capital appreciation. Don't let this happen again. Read Marc's book."
-Gregg Greenberg, Retirement Editor, InvestmentNews
Inhaltsverzeichnis
Foreword by Alexander Green xiii
Preface xvii
Chapter 1 Why Dividend Stocks? 1
"Y'all Must've Forgot" 5
Marc Lichtenfeld's Authentic Italian Trattoria 8
The Numbers 9
Keeping Up with Inflation 12
The 10-11-12 System 14
Summary 16
Notes 16
Chapter 2 What Is a Perpetual Dividend Raiser? 19
Dividend Aristocrats 20
The Index 21
The Champions 23
Junior Aristocrats 26
Survivorship 29
Summary 30
Chapter 3 Past Performance Is No Guarantee of Future Results, but It's Pretty Darn Close 31
Performance of Perpetual Dividend Raisers 34
How Do Bonds Compare? 49
Are You an Investor from Lake Wobegon? 52
Summary 56
Notes 56
Chapter 4 Why Companies Raise Dividends 59
Buybacks versus Dividends 60
Management Speaks 65
Attracting the Right Shareholders 68
Signals to the Market 72
Summary 73
Notes 74
Chapter 5 Get Rich with Boring Dividend Stocks (Snooze Your Way to Millions) 75
How Much Do You Want to Make? 75
Summary 87
Note 87
Chapter 6 Get Higher Yields (and Maybe Some Tax Benefits) 89
Buying $1 in Assets for $0. 90 89
MLPs 98
REITs 100
BDCs 101
You Don't Have to Play Mahjong with Mrs. Zuckerberg 103
Preferred Stocks 105
Summary 107
Chapter 7 What You Need to Know to Set Up a Portfolio 109
The Oxford Income Letter Portfolio An Example 111
Setting Up the Portfolio 115
Yields 118
Payout Ratio 121
Dividend Growth Rate 126
Special Dividends 128
Summary 131
Notes 131
Chapter 8 The 10-11-12 System 133
Yield 133
Dividend Growth 134
Payout Ratio 135
Formula 135
Numbers 147
When to Sell 156
Summary 158
Chapter 9 DRIPs and Direct Purchase Plans 159
Summary 163
Chapter 10 Using Options to Turbocharge Your Returns 165
Covered Calls: The Espresso of Income Investing 167
Option Prices 169
Volatility: An Option Seller's Best Friend 170
Time Is on Your Side 171
Who Should Sell Covered Calls? 172
Annual Returns of 20% 173
Selling Puts 177
Summary 179
Chapter 11 Foreign Stocks 181
One Lump or Two? 182
Lumpy Perpetual Dividend Raisers? 184
Other Risks 186
Summary 188
Chapter 12 Taxes 189
Foreign Taxes 191
Tax-Deferred Strategies 192
Tax Law Changes 194
Summary 194
Note 195
Chapter 13 Crypto 197
Summary 200
Note 201
Conclusion: The End of the Book, the Beginning of Your Future 203
Glossary 207
Acknowledgments 211
About the Author 213
Index 215
