After that, it will only be necessary for us to double it one last time an 8-fold move , and we will have attained unto our personal, first-year-of-retirement-income goal! Citing statistics that show companies initiating and raising dividends at the fastest rate in 30 years, this analysis declares once-stodgy dividends to be «the next new thing» and provides simple rules for choosing the best stocks, using traditional evaluation tools, reinvesting dividends, comparing stocks and bonds, and building a portfolio. To find out more, including how to control cookies, see here: Cookie Policy.
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The Single Best Investment by Lowell Miller — free pdf
Not all books on AvaxHome appear on the homepage. In order not to miss many of them follow ebooks section see top of each page on AH and visit my blog too :. Basic, Fortran Citing statistics that show companies initiating and raising dividends at the fastest rate in 30 years, this analysis declares once-stodgy dividends to be «the next new thing» and provides simple rules for choosing the best stocks, using traditional evaluation tools, reinvesting dividends, comparing stocks and bonds, and building a portfolio. Technical aspects of the stock market are explained in the final pages that include two new chapters and revised statistics as well as academic studies, historic back-tests, examples of real-time performance, and a list of resources for further research.
Goodreads helps you keep track of books you want to read. Want to Read saving…. Want to Read Currently Reading Read. Other editions. Enlarge cover. Error rating book. Refresh and try. Open Preview See a Problem? Details if other :. Thanks for telling us about the problem. Return to Book Page. Single Best Investment by Lowell Miller. The single best investment isn’t mutual funds — mutual funds jump up and down in value with the latest market trends.
The single best investment isn’t bonds or other fixed instruments — investing in bonds doesn’t protect you from inflation. The single best investment is a select group of stocks of highly steady, moderate growth companies that offer consistent returns, The single best investment isn’t mutual funds — mutual funds jump up and down in value with the latest market trends. The single best investment is a select group of stocks of highly steady, moderate growth companies that offer consistent returns, minimal risk, and whose values fluctuate far less than the market average.
These select stocks allow you to profit handsomely from the long-term upward trend in stocks without taking on the turbulence and anxiety that so often creeps into the investing process.
Get A Copy. Paperbackpages. Published April 1st by Adams Media first published January 1st More Details Original Title. Other Editions 6. Friend Reviews. To see what your friends thought of this book, please sign up. To ask other readers questions about Single Best Investmentplease sign up. Be the first to ask a question about Single Best Investment. Lists with This Book. This book is not yet featured on Listopia. Community Reviews. Showing Average rating 4.
Rating details. More filters. Sort order. Start your review of Single Best Investment. Quick, light reading. A useful framework for analyzing companies from a dividend growth perspective, particularly the chapters discussing basic valuation metrics. The author’s perspective on investing psychology when to buy, hold, and sell; how to build a portfolio also seem very helpful.
That said, this book is written with a very breezy, evangelizing voice — these strategies may have worked out well for the author’s investment firm no performance data herebut, as always with Quick, light reading.
That said, this book is written with a very breezy, evangelizing voice — these strategies may have worked out well for the author’s investment firm no performance data herebut, as always with stock-picking, it’s useful to ask what the downsides are. Miller is a professional: he certainly reminds readers to monitor investments carefully and not to compromise on core principles, that markets are largely efficient and that «stories» of future company performance are simply a heuristic.
Still, his warnings often get lost in the overall tone which promotes the wonders of relatively low volatility returns compounding to the blue sky, over time. His stories read like sales pitches, not critical analyses.
Granted, there is selection bias in the companies discussed here: by definition, Miller is writing about large-cap, stable, very successful firms. These cuts occurred largely due to the financial crisis or, in BP’s case, the Deepwater Horizon disaster — at the very least, they serve as a reminder that a dividend growth strategy is vulnerable to macroeconomic events.
To invoke Keynes, probably incorrectly: «Our knowledge of the factors which will govern the yield of an investment some years hence is usually very slight and often negligible. Miller deprecates charts in general, but suggests a few narrow exceptions can be useful to investors in particular, he likes to look at relative strength. He relies on some studies by his investing firm to support his arguments here, but, as always with technical analysis, it’s hard to tell how seriously to take these ideas.
In any case this chapter isn’t really integral to the rest of the book. I wish I had read this years ago. Good logic to his methods. Easy read, and something to reread as a guide for evaluating stock recommendations. It is not about investing in stock A or some scheme. It is an investing philosophy of prudence and patience. About finding strong companies with modest growth, growing dividends and building your «compounding machine».
Build your machine with high quality parts and the wonder of compounding work to your advantage. This has already been my investment philosophy but this book both reaffirmed my strategy, while «The Single Best Investment» is the single best investment BOOK I have read to date! This has already been my investment philosophy but this book both reaffirmed my strategy, while providing valuable insight to help me refine it for the better.
Highly, highly, recommend for those who want to shape their own financial future! Good perspective on dividend growth investing.
So helpful. So Clear. I see why Paul recommended to me. Such a simple strategy. Wish I had started in my 20’s. Excellent book and strategies for dividend investors.
Easy to follow and digest. Favours the dividend approach. As a budding investor I was chasing around growth stock trying to time the market following the indicators.
But this book opened up the right way to invest. I am convinced what I want. Fantastic book and quick read for anyone who is seeking to select individual stocks to accumulate wealth!
The idea is to create a compounding machine by reinvesting dividends from solid, financially healthy companies with cashflow and whom will continue increasing dividend payouts. Every other page I was underlining the great advice. Compounding returns from consistent, automated investing will yield a secure future. This is not a get rich quick scheme and will require decades of discipline and Fantastic book and quick read for anyone who is seeking to select individual stocks to accumulate wealth!
This is not a get rich quick scheme and will require decades of discipline and most importantly an understanding of behavioral finance. The author points out that individuals will often try to chase the hottest trend and ignore the fundamentals. It requires a mentality shift to understand that you are buying pieces of a company which you want to own, with real machines, real people, real offices, and real products. Here are some pages with great advice if you wanted the cliff notes There are lots of ways to make money in the stock market.
This book presents a very conservative technique based on dividend growth. It is for investors who believe that «slow and steady wins the race»; if you are looking for a «get rich quick» book, this ain’t it. It presents three key attributes to look for in a stock and gives lots of other good advice for selecting conservative stocks. The language is not technical and it is a relatively easy read, suitable for all investors: easy for a new There are lots of ways to make money in the stock market.
The language is not technical and it is a relatively easy read, suitable for all investors: easy for a new investor to comprehend while the ideas presented should still be interesting to a seasoned investor.
The author does come across as a bit of a cheerleader and does take some liberties with his supporting math but this did not really detract from the book for me: it was good to see the author’s enthusiasm and I can do my own math. There is a bit of a jump from reading this book to selecting actual stocks so some practical examples would have been useful for newer investors.
Even though I think the author overstates his case somewhat, there is no doubting the soundness of his advice. Single best investment lowell miller pdf solid investment book, recommended for all investors. For the vast majority of investors, this little book is a jewel The last third is a bit unnesscessary. Hubi rated it it was amazing Jan 21, Tom Abraham rated it liked it Oct 25, Vincent rated it it was amazing Nov 28, Ethan Drower rated it it was amazing Aug 11, Curtis rated it really liked it Oct 18, Seth Reilly rated it liked it Dec 06,
Starting with $10k and Buying 52 Units in 3 Years with Chris Heeren — BP Podcast 197
The Single Best Investment: Creating Wealth with Dividend Growth
New here? You are commenting using your Google account. Technical aspects of the stock market are explained in the final pages that include two new chapters and revised statistics as well as academic studies, historic back-tests, examples of real-time performance, and a list of resources for further research. You are commenting using your Facebook account. Email required Address never made public. As I recently reported, we have already doubled our portfolio dividend income one time; that first time taking only 25 months. So, let me leave you with that link one more invsstment. You are commenting using incestment WordPress. And, if you have children, or grandchildren, who have single best investment lowell miller pdf years… perhaps even decades to do this? It was as I learned that last part, that I immediately realized how that I could find those issues better. Notify me of new posts via email. Subjects Business Nonfiction. Business Nonfiction. Like this: Like Loading
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