Trading techniques and pitfalls that all investors should know Cover title. - Imprint from p. [20]. - This Element is an excerpt from Be a dividend millionaire: a proven, low-risk approach that will generate income for the long term (ISBN: 9780132690539)

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 Millionaire: 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 discover: . 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 " Contents 7 About the Author 12 Preface 14 Introduction 20 Chapter 1: Lessons to Learn from the Recent Economic Downturn 24 Lesson 1: Refrain from Wasteful Consumer Spending 24 Lesson 2: Choose Cash and Carry and Avoid Shop and Burn 25 Lesson 3: Use a 48-Hour Rule with Impulse Buys 26 Lesson 4: Embrace this Four-Letter Word—SAVE 27 Lesson 5: Take Responsibility and Do Something About It! 28 Lesson 6: Ignore the Joneses—Chances Are, They Don't Own It (The Bank Does) 28 Lesson 7: Take Charge of Your Finances; Then Invest 29 Lesson 8: Grab a Shovel and Start Digging Yourself Out 30 Chapter 2: Paul's Ten Step Plan to Financial Stability 32 Step 1—Identify the Income Coming into Your Household Corporation 32 Step 2—Identify Your Necessary Operating Expenses 33 Step 3—Contribute Monthly Income to Savings 34 Step 4—Identify Your Nonessential Monthly Expenses 35 Step 5—Reality Check Time! 37 Step 6—Think Rich Actions, Rather Than Poor Thoughts 37 Step 7—Trade Your Vice for a Less Expensive Option 38 Step 8—Determine Spending Goals as a Family 40 Step 9—Enlist the Help of a Financial Mentor 40 Step 10—Make Your Quarterly Report 41 Bonus Steps—Paul's Picks for Pain-Free Cost Cutting 42 Insurance Discounts 42 Cutting Utility Costs 50 Bundle Your Internet/TV/Cable/Phone 51 Coupon/Shopping Websites and Other Discounts 51 Look into Reducing Your Property Taxes 52 Cut Car Expenses 53 Cut Investing Costs 54 Chapter 3: What to Know Before You Invest 56 Investors Sometimes Get a Bad Start 56 Use Financial Planners Carefully 57 Real Estate Is Fine, But Stocks Have Always Been Better for Me 58 Make Sure Your Mental Muscles Are Strong 60 "Buy What You Know" and Lose Your Shirt 62 Treat Investing Like Gardening—Seed, Weed, and Prune 64 Chapter 4: Investing Rules to Live By 66 Watch What Wall Street Does More Than What It Says 66 Invest Like Spock—Without Emotion 68 Don't Fight the Tape! 69 Cheap Stocks Are Cheap for a Reason 71 Never Use the Word "Hope" When Describing Your Stock Holdings 72 Drawing Lines in the Sand Can Be Disastrous 73 Chapter 5: How to Find Winners and Avoid Losers 76 Finding Winners Is Easy, Making Money Consistently Is Hard 76 Companies with Cash Aren't Always a Good Investment 80 Find the Gauge and You Will Find Profits 82 Ignore the Trend at Your Own Risk 84 The Catalysts That Drive Stocks Higher or Lower 85 Don't Over-Diversify in the Same Sector 87 Insider Buying Can Be a False Tell 89 Chapter 6: Selling Is a Virtue 94 Learn to Sell or Risk Losing Everything 94 Stop-Loss Orders: A Tool Every Investor Should Utilize 95 The Best Time to Sell and the Myth of Dollar Cost Averaging 99 Calculating Your Average Price Per Share 103 "This Time It's Different" Usually Means It's Time to Sell Soon 107 Losing Investments Can Be a Good Thing! 108 Chapter 7: Dividend Stock Investing: The Only Long-Term Strategy That Works 110 Eventually the Turtle Always Beats the Hare—Slow and Steady Returns Build Dividend Millionaires! 110 What Exactly Is a Dividend? 110 The Beauty of Compounding Returns and Why It Doesn't Take Much Money to Start 113 The All-Important Dividend Dates 114 Dividend Yields and Avoiding Potential Dividend Traps 117 Look for Dividend Stocks from Companies That Continue to Raise Their Dividends on a Regular Basis 120 The Dangers of "Value" or "Cheap" Dividend Stocks 127 DARSTM (Dividend Advantage Ratings System) 129 Chapter 8: Trading Techniques and Pitfalls That All Investors Should Know 132 Becoming a Full-Time Trader 132 Paul's Strategies for a Trading Day 134 Don't Let Taxes Affect How You Invest 140 If You Want to Sleep at Night, Don't Play the "Earnings Game" 141 How 9/11 Affected My Trading 143 Shorting Is a Good Weapon to Possess When Needed 145 The Dangers of Short-Selling 148 Check Your Brokerage Account for Mistakes Periodically 149 Conclusion 152 Index 154 A 154 B 154 C 154 D 155 E 156 F 156 G 156 H 156 I 157 J–K–L 157 M 157 N 157 O–P 158 Q–R 158 S 158 T 159 U–V 160 W 160 X–Y–Z 160 Contents......Page 7 About the Author......Page 12 Preface......Page 14 Introduction......Page 20 Lesson 1: Refrain from Wasteful Consumer Spending......Page 24 Lesson 2: Choose Cash and Carry and Avoid Shop and Burn......Page 25 Lesson 3: Use a 48-Hour Rule with Impulse Buys......Page 26 Lesson 4: Embrace this Four-Letter Word—SAVE......Page 27 Lesson 6: Ignore the Joneses—Chances Are, They Don't Own It (The Bank Does)......Page 28 Lesson 7: Take Charge of Your Finances; Then Invest......Page 29 Lesson 8: Grab a Shovel and Start Digging Yourself Out......Page 30 Step 1—Identify the Income Coming into Your Household Corporation......Page 32 Step 2—Identify Your Necessary Operating Expenses......Page 33 Step 3—Contribute Monthly Income to Savings......Page 34 Step 4—Identify Your Nonessential Monthly Expenses......Page 35 Step 6—Think Rich Actions, Rather Than Poor Thoughts......Page 37 Step 7—Trade Your Vice for a Less Expensive Option......Page 38 Step 9—Enlist the Help of a Financial Mentor......Page 40 Step 10—Make Your Quarterly Report......Page 41 Insurance Discounts......Page 42 Cutting Utility Costs......Page 50 Coupon/Shopping Websites and Other Discounts......Page 51 Look into Reducing Your Property Taxes......Page 52 Cut Car Expenses......Page 53 Cut Investing Costs......Page 54 Investors Sometimes Get a Bad Start......Page 56 Use Financial Planners Carefully......Page 57 Real Estate Is Fine, But Stocks Have Always Been Better for Me......Page 58 Make Sure Your Mental Muscles Are Strong......Page 60 "Buy What You Know" and Lose Your Shirt......Page 62 Treat Investing Like Gardening—Seed, Weed, and Prune......Page 64 Watch What Wall Street Does More Than What It Says......Page 66 Invest Like Spock—Without Emotion......Page 68 Don't Fight the Tape!......Page 69 Cheap Stocks Are Cheap for a Reason......Page 71 Never Use the Word "Hope" When Describing Your Stock Holdings......Page 72 Drawing Lines in the Sand Can Be Disastrous......Page 73 Finding Winners Is Easy, Making Money Consistently Is Hard......Page 76 Companies with Cash Aren't Always a Good Investment......Page 80 Find the Gauge and You Will Find Profits......Page 82 Ignore the Trend at Your Own Risk......Page 84 The Catalysts That Drive Stocks Higher or Lower......Page 85 Don't Over-Diversify in the Same Sector......Page 87 Insider Buying Can Be a False Tell......Page 89 Learn to Sell or Risk Losing Everything......Page 94 Stop-Loss Orders: A Tool Every Investor Should Utilize......Page 95 The Best Time to Sell and the Myth of Dollar Cost Averaging......Page 99 Calculating Your Average Price Per Share......Page 103 "This Time It's Different" Usually Means It's Time to Sell Soon......Page 107 Losing Investments Can Be a Good Thing!......Page 108 What Exactly Is a Dividend?......Page 110 The Beauty of Compounding Returns and Why It Doesn't Take Much Money to Start......Page 113 The All-Important Dividend Dates......Page 114 Dividend Yields and Avoiding Potential Dividend Traps......Page 117 Look for Dividend Stocks from Companies That Continue to Raise Their Dividends on a Regular Basis......Page 120 The Dangers of "Value" or "Cheap" Dividend Stocks......Page 127 DARSTM (Dividend Advantage Ratings System)......Page 129 Becoming a Full-Time Trader......Page 132 Paul's Strategies for a Trading Day......Page 134 Don't Let Taxes Affect How You Invest......Page 140 If You Want to Sleep at Night, Don't Play the "Earnings Game"......Page 141 How 9/11 Affected My Trading......Page 143 Shorting Is a Good Weapon to Possess When Needed......Page 145 The Dangers of Short-Selling......Page 148 Check Your Brokerage Account for Mistakes Periodically......Page 149 Conclusion......Page 152 C......Page 154 D......Page 155 H......Page 156 N......Page 157 S......Page 158 T......Page 159 X–Y–Z......Page 160

“Be a Dividend Millionaire shows you how to integrate dividend investing as a way of building wealth on top of a solid personal finance foundation. Paul writes from experience he’s learned from the real world, not from a classroom or a textbook, and this is a how-to manual for building wealth through prudent investing.”

–Jim Wang, Founder, Bargaineering.com

“Filled with personal stories to help you become a better investor, reading Be a Dividend Millionaire can potentially help you build wealth more easily and with much less frustrations.”

–David Ning, Founder, MoneyNing.com

Master Dividend Investing: The Safe, Proven Route to Long-Term Wealth!

• Find the right stocks and avoid common dividend investing pitfalls
• Safely time your investments to maximize dividend returns
• By top investing guru Paul Rubillo, founder of Dividend.com

Struggling to build your nest egg? Dividend investing is your perfect low-risk, long-term strategy. During the past 80 years, dividends have accounted for more than 44% of the S&P’s total returns. That’s real money in your pocket–not fake “gains” that can disappear in an instant!

In Be a Dividend Millionaire, Dividend.com founder Paul Rubillo shows how to earn those real returns, quarter after quarter, year after year. Rubillo reveals how to plan your winning dividend strategy...find the right dividend stocks (and avoid common mistakes)...make dividend dates work for you...choose the right time to sell...protect returns by cutting costs...and build true long-term financial freedom!

This is the eBook version of the printed book. This Element is an excerpt from Be a Dividend Millionaire: A Proven, Low-Risk Approach That Will Generate Income for the Long Term (9780132690539) by Paul Rubillo. Available in print and digital formats. What it really takes to become a successful trader: an expert shares his best tips, most successful strategies, and key mistakes to avoid. Life changes dramatically when you become a full-time stock trader. You need to be 100% dedicated and use your time wisely. As my trading career went on, my strategies kept evolving. I'd like to let you in on my personal trading strategy that has delivered some great returns. Just make sure you're prepared to make the sacrifices it will take to succeed.... "Struggling to build your nest egg? Dividend investing is your perfect low-risk, long-term strategy. During the past 80 years, dividends have accounted for more than 44% of the S&P's total returns. That's real money in your pocket--not fake 'gains' that can disappear in an instant! In Be a Dividend Millionaire, Dividend.com founder Paul Rubillo shows how to earn those real returns, quarter after quarter, year after year. Rubillo reveals how to plan your winning dividend strategy...find the right dividend stocks (and avoid common mistakes)...make dividend dates work for you...choose the right time to sell...protect returns by cutting costs...and build true long-term financial freedom!" -- Page [4] cover 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 Millionaire, the founder of Dividend.com delivers all the information you need to invest successfully in dividend stocks and attain long-term financial freedom