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

by Paul Rubillo

Millions of investors are struggling to build a nest egg in the face of today's brutal market realities. For many of them, dividend investing represents the perfect low-risk approach. Over the past 80 years, dividends have accounted for over 44% of the S&P's total returns. Now, there's an up-to-date, practical, step-by-step guide to successful dividend investing. In "Be a Dividend A Proven, Low-Risk Approach That Will Generate Income for the Long Term," Paul Rubillo, the founder of Dividend.com, delivers all the information you need to invest successfully in dividend stocks and attain long-term financial freedom. Rubillo explains why dividend stock investing is the only long-term strategy that actually works, and offers a comprehensive plan for achieving real financial stability. You'll - What to do now, before you invest in "anything"- Why asset managers and financial planners won't help you pick the right dividend stock- Why cash-rich companies aren't always a good investment- How compounding returns can make you a Dividend Millionaire- Why dividend dates matter, and how to use them- How to find safe dividend yields, and avoid "dividend traps" - How to save money by periodically auditing your brokerage account- When to sell, and how to use stop-loss orders to protect your profits

Genres: Business, Nonfiction, Finance, Money

141 pages, Hardcover

First published January 1, 2011

Reviews

[Amanda · Rating 3 out of 5]

Finally! I can mark that off my library challenge. For such a short book it was so difficult to push through.
That being said, I’m not an investor. I picked this up hoping it would help me understand what investing was and how to do it. I was wrong. This book is for people who understand investing and want some advice. It is not for the novice. I gave it 3 stars because the guy does try to simplify what he is saying. I feel like if I understood the lingo this would not have been so hard to get through. I did get a little tired of reading about his website.

[TK · Rating 1 out of 5]

Probably the most uninspiring personal finance books I've read on the topic of finance. I was hoping for insights relating to dividend investing strategies, or topics such as: special dividend payout, dividend laddering, etc...

This book had 10-20% covering the topic of dividends, and most of it was referring to the authors website. The rest of the book were on overviews of being financially healthy. I did not learn anything from this book. The only thing that kept me reading the entire book was the attractive title, however, this is one of those books with a great title but no content.

I do NOT recommend this book to anyone, at any levels of financial education. Especially for someone one starting to learn about personal finance and getting their finances in order; this is a dangerous book as it is more of a sales pitch leading readers to the website.

[Glen Leavens · Rating 3 out of 5]

No mater how well a stock has done in the past, it is not your friend. Other lessons in this book: Refrain from wasteful spending, embrace the four letter word "save" Think rich actions and not poor thoughts. Ignore the trend at your own risk. A well done book. A lighter Dave Ramsey--creating space to make investments. Once invested, invest in dividend stocks is the path according to Paul Rubillo.

[Donovichi · Rating 3 out of 5]

Decent book, with some good basic information on Dividend Investing and some investing pitfalls to watch out for. I would say it tends to be a lot more focused on general investing information and financial health....and lots of references to his website. All in all, I don't feel like it was a loss reading, but would have liked some more 'Dividend' focused air time.....

[T.L. Cooper · Rating 2 out of 5]

Be a Dividend Millionaire by Paul Rubillo strives to simplify investing in the stock market. Rubillo shares his own story with trading and investing as a way to demonstrate how dividend investing makes more sense than trading. He also delves into why some of most encouraged ways of investing lead to mistakes. He encourages people to take control of their money and to pay attention to the market. Rubillo steers people away from dollar cost averaging and more toward creating an investing strategy that works for them. At times engaging, at times very dry, Be a Dividend Millionaire provides information to pique one’s interest in a strategy of investing in dividend paying stocks that’s more a combination of trading and investing than what is often thought of when people say they are investing their money, especially in dividend stocks. He refers to his website so often in the book that it borders on sounding like an ad for his website services at times. While Be a Dividend Millionaire is an interesting read, don’t expect it to contain all the answers to investing well and actually becoming that dividend millinaire.

[Joel · Rating 2 out of 5]

The book is more of a guide to how to buy stocks at the right time and build an investment based on dividends. It does open up with common sense tactics most everyone can do to save money on everyday expenses, namely big ticket expenses like mortgage, auto, and insurance. Then it goes into detail about investing in dividend stock with a few charts and tables to illustrate long-term investments. I would describe this books as indispensable for most business professionals such as financial planners and stock brokers. For ordinary people, though, it would take experience as an investor and another read or two of this book to understand this approach.

While I didn't find this book particularly useful, I would recommend a hard copy for business collections in libraries, investment firms, and research facilities.

[Jon · Rating 1 out of 5]

Terrible! Only 10% of book covers dividend investing and not all that well either. Rest of book is a hodge podge of self agrandizing and bland musings on personal economics, investing, trading, taxes etc. None of it including the tax bit is really of any use. It is too generic. The book lacks focus.

[Eric · Rating 2 out of 5]

Too much on day trading and less on what the title implied it would talk about.

[Dawn Mohl · Rating 2 out of 5]

Pretty basic. Nothing new.