In this episode, we’re going to look at the 7 habits of highly effective dividend investors, and how you can use those 7 habits to become a successful investor. I also cover the following topics in this episode:
- Invest in quality stocks
- Invest in undervalued stocks
- Get paid for owning stocks
- MSFT stock return 0% from 2002 to 2013
- Generate growing income each year, and beat inflation
- JNJ provides 63 years of consecutive dividend increases
- Don’t eat into your (capital) investments
- Don’t invest in volatile stocks
- Tesla volatility versus MCD
- KO provides over $202K in annual dividends
- WMT provides over $458K in annual dividends
- Avoid paying fees
- Over $7M lost to fees at 1% MER fee
- Bonus habit
