The Snowball Effect: Using Dividend & Interest Reinvestment to Help You Retire on Time
| Author | : | |
| Rating | : | 4.77 (609 Votes) |
| Asin | : | B01M7SSTW6 |
| Format Type | : | |
| Number of Pages | : | 299 Pages |
| Publish Date | : | 2015-05-30 |
| Language | : | English |
DESCRIPTION:
A "snowball" investor embraces a buy-and-hold state of mind and buys dividend-bearing stocks and bonds. Instead of asking your dentist for a hot stock tip, you need only turn on the TV to hear what the talking heads recommend or jump on the Internet to find thousands of web sites devoted to showing you how to make a quick buck. Consider instead the power of income investing. The Snowball Effect was written to provide a winning investment strategy that will allow investors to survive difficult stock markets and actually retire on time. If you want true wealth building and the ability to retire on time, consider becoming a "snowball" investor. Th
Clear, useful investment guide The Snowball Effect: Using Dividend and Interest Reinvestment to Help You Retire on Time, by Timothy McIntosh, gives the reader both a clear understanding of the basics of investing in the stock market and a specific plan for increasing wealth through reinvestment of dividends and interest payments.Interestingly, I fit his profile of the average investor pretty closely. I invested at the top of the market in early 2000 and watched the value of my holdings plummet. So I got out, on the theory . Happy to have gotten this investment book on Kindle Happy to have gotten this investment book on Kindle. Luckily, it provides lots of data and advice that is just not found on the web. It really is a no nonsense approach to making my retirement happen without worrying as much. Retirement really is my biggest concern with the constant ups and down in the stock markets. But his example in the last chapter of how a dividend portfolio would perform over the next ten years if the "stock market goes nowhere" made me rethink my strategy of trying to . "sound market advice" according to gandyd. Having been interested in the markets for years, I immersed myself easily into Timothy McIntosh's well-written explanation of what goes on inside them. What makes the markets move – either up or down. It's easy to understand, provides a mix of history and advice, and it's a smooth read as well.The 1982 secular bull market is recounted, and I well remember its start. The actual day, in fact. I was living in Saudi Arabia then and bought a copy of Newsweek Magazine. On the cover was a pict