In this episode, I interview dividend investor Ian MacDonald.
Ian has been a dividend investor for more than 60 years. Prior to retiring he was Vice President at Equifax. Analyzing the birth, life, and death of companies had been his passion for decades.
Ian shares his 6 decades of investing experience and talks about how he got started with dividends after losing $300,000 of his life savings with an investment advisor.
We talk about dividend investing, the importance of quality stocks, and how to become a confident investor.
You’ll find today’s episode both educational and inspiring. I also cover the following topics in this episode:
- Introduction to Ian MacDonald
- How Ian lost $300,000 of his life savings
- How Ian developed his scoring system
- Ian helped someone making $35K/yr in dividends to making $80K/yr
- Dividend investing can help you beat inflation
- Is it better to move into fixed income in older age?
- Most financial advisors are sales people
- Companies cannot fake paying a dividend
- What gives you the confidence to keep investing in today’s economic climate?
- Are you worried about BCE’s recent dividend cut?
- How do you identify a quality company?
- How difficult is it for someone to start investing on their own?
- Dividend investing isn’t rocket science
- How far back do you go when looking at historical financial data?
- The downside of investing in mutual funds, index funds, and ETFs
- Are banks still using predatory practices?
- Is the dividend irrelevant?
- The dividend provides stability
- The tax benefit of earning Canadian dividends
- What advice do you have for someone currently investing?
- In the long-term growing dividends can support a higher stock price
- What are some common investing mistakes that people make?
How to get in touch with Ian:
1. Website: https://www.saferbetterdividendinvesting.com
2. Podcast: https://podcasts.apple.com/ca/podcast/safe-dividend-investing/id1558028704
