2024 the best investments review
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(as of Nov 03, 2024 11:13:10 UTC - Details)
This witty guide advises readers to stop playing the stock market or listening to television gurus and instead put their money into dividend-paying, moderate-growth companies that offer consistent returns and minimum risk. 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.
ASIN : 0965175081
Publisher : Print Project; 2nd edition (April 1, 2006)
Language : English
Hardcover : 265 pages
ISBN-10 : 9780965175081
ISBN-13 : 978-0965175081
Item Weight : 1.33 pounds
Dimensions : 6 x 0.9 x 9 inches
Reviewer: Jusuf Hariman
Rating: 5.0 out of 5 stars
Title: You Will Multiply Your Wealth Many Times Over
Review: Professional money manager Lowell Miller unlocks the secrets of long-term investment success in a simple and understandable rule-based format. Bill Gurner, President, Sector Capital Management wrote that "investors will miss the boat if they don't read "The Single Best Investment"". William Hester, Bloomberg Personal Finance Senior Market Editor wrote that Lowell Miller will show "you how to find high-quality dividend-paying stocks that will safely increase your wealth". The single best investment is a select group of high-quality, moderate growth companies that offer consistent returns, minimal fundamental risk, and less volatility than the market average. This book shows you exactly how professional portfolio manager Lowell Miller goes about selecting stocks that can provide high income and outperform the market averages over the broad time frames that true investors seek. In this approach, there is no need to time the market, no need to uncover "the best" mutual fund, no need to find a market guru to follow, no need to master the intricacies of a corporate balance sheet. Miller reduces the problem to a simple set of rules that any investor can follow. This book will guide you with simple rules so that you can create your own private "compounding machine", one that will multiply your net worth again and again over the years. You will learn what the consistent top-performing professionals have always known: Dividends and their reinvestments are the key to the kingdom. Digest this book and you will multiply your wealth many times over.
Reviewer: R8
Rating: 5.0 out of 5 stars
Title: Great book
Review: Highly recommend this book. No fluff. No rocket science.. Just dividend investing in real businesses.
Reviewer: Brad Ayerle
Rating: 4.0 out of 5 stars
Title: Another book on Dividend Investing
Review: Lowell Miller's "The Single Best Investment: Creating Wealth with Dividend Growth" is aimed at the individual investor. In plain language, the book presents the author's thesis - that buying shares in quality businesses paying rising dividends, and holding those shares for a long time, will produce returns that are superior to other investment strategies. When dividends are reinvested, those returns may be truly staggering. The thesis is simple enough that anyone can understand it, and with patience and equanimity, anyone may practice it.Miller recommends purchasing shares when the dividend yield is higher than the average yield of S&P stocks, as a higher initial yield starts the process of compounding in a better position. Compounding returns, in this case, refers to both rising dividends and also reinvesting dividends to buy more dividend-paying shares. The author also sets out a few criteria used to provide a quick reference to assess for "quality". The single best investment (SBI) to Miller is the common stock of a company that fits these criteria; bonds cannot be an SBI. To Miller, bonds are "dead money", with static coupons at the mercy of rising inflation, and thus do not belong in a portfolio - surely an assertion that will draw the ire of the advocates of Modern Portfolio Theory. The author's disdain for fixed-income investments arises out of a perceived record of relative underperformance and a prediction of ever-rising inflation, which are both questionable. The book includes a bizarre statement that bonds cannot appreciate, which is contradicted in the very next paragraph when the volatility of bonds is discussed. Surely, Lowell Miller is not uninformed on bonds. In fact, if one were to apply his criteria for common stock selection to bonds - relative high yield and investment grade credit rating - one could ensure both a high relative yield and the potential for appreciation as relative yields decline. This is all anathema to the author's SBI strategy, however.There is also a nod to technical analysis, which the author spent his early years specializing in, along with examples of recent stock analyses. Perhaps the most important piece of information in the book is the revelation that increasing dividends demonstrably lead to increased share prices over the long run. In other words, companies that raise their dividends are rewarded by the market with higher share prices. Therefore, dividend investors stand to reap double the reward. In many ways, the book combines the tenets of stock selection in "Dividends Don't Lie", a work the author references, and the buy-and-hold mentality in "The Future for Investors". In all, "The Single Best Investment" is worth the read.
Reviewer: Consumer
Rating: 5.0 out of 5 stars
Title: Great book. A must read.
Review: While the book was published in 2005 the author was able to identify strong companies and predict their success even through the recession of 2008. Not only did I enjoy reading this book, I will read this book a second time as it provides a plethora of informaiton that you are unable to take in, in just one read.
Reviewer: Amazon Customer
Rating: 5.0 out of 5 stars
Title: Good and solid advice
Review: A very good no-nonsense investment book. Most of the investing process is very simple in all actuality and the road to success (to my thinking) is paved with ability to keep one's cool in the ups and downs and just doggedly throw in new money according to one's investment principles. I like to avoid risk and try to get that 7-10% total return whenever possible. This is a book for that kind of approach and there is very little on riskier types of investments here.
Reviewer: gbmillion
Rating: 5.0 out of 5 stars
Title: Investment pillar
Review: This is one of the essential books that I recommend to anyone interested in investing. Dividends make sense as a criterion for selecting stocks for a buy and hold portfolio and this book describes in simple terms how to do it. The only thing I find lacking is his approach to benchmarking and asset allocation. There's a bit on asset allocation. But I think Ken Fisher's "Only Three Questions" goes a bit further in showing how a balanced portfolio should come close to the sector breakdown in an index and which indexes are useful for benchmarking.
Reviewer: Claude
Rating: 5.0 out of 5 stars
Title:
Review: Ce livre propose une méthode robuste pour sélectionner des stocks de qualité qui rencontrent des critères pratiques et essentiels pour optimiser le rendement dâun portefeuille et battre lâinflation avec un niveau de risque minimal et optimal.
Reviewer: J. L. Gunn
Rating: 5.0 out of 5 stars
Title:
Review: The authors strategy may sound simple. High Quality companies, high current dividend, high growth of dividends equals high returns, but too many dividend investors do not put enough on the Quality part of the equation. Get this right and sustainable reasonable dividend growth and you are there. I donât necessarily think you need the high, but reasonable will do.The author delves into the quality side, but for the complete picture Phil Oakleyâs How to Pick Quality Shares is the perfect dovetail.These two books sit on my desk for frequent reference and are all I need to become a better Dividend Growth Investor.
Reviewer: Michael Tsouroupakis
Rating: 5.0 out of 5 stars
Title:
Review: This is the BEST book out there on dividend growth investing. It's technical so you should have some understanding before you read it.
Reviewer: Graham
Rating: 5.0 out of 5 stars
Title:
Review: Fantastic book! I could not stop reading the book. I recommend this book to anyone searching for information on dividend growth stocks! If I could give 6 stars, I would!
Reviewer: Warren
Rating: 4.0 out of 5 stars
Title:
Review: There are many of the books out there but few readers actually follow through. The book makes it very clear, focus on a strategy, have patience, sit back and win. This book covers the focus very well. Detailed down to a check list. But the most important factor in this book is the "eighth wonder of the world". "Compounding". To compound your investment you need both growth and income. Ditch the bonds. Worth the read just to detail the focus of growth with income. For those older investors you probably wished you read this book or others like it earlier in life. This is worth the read. For the very few successful day traders, this is what you need to know so you can invest your profits for retirement.
Customers say
Customers find the book makes a lot of sense and explains the approach well. They say it teaches you how to make money and is one of the essential books for anyone interested in investing. Readers also describe the book as a great read from front to back and the best on dividend growth investing.
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