Get Rich with Dividends: A Proven System for Earning Double-Digit Returns

CHAPTER 1

Why Dividend Stocks?

Let me start by making a bold statement: The ideas in this book are one of the most important gifts you can give to yourself or your children. On the pages that follow is the recipe for generating 11% yields and 12% average annual returns for your portfolio. Significantly more if the stock market or your particular stocks cooperate.

I’m not trying to brag. I wasn’t the one who thought up this strategy. I just repackaged it in a compelling, easy-to-read book that you will want to buy more copies of for all your friends and family. Or at least lend them yours.

If you follow the ideas in this book and teach them to your children, it’s very conceivable that many of your concerns about income in the future will be over. And perhaps just as important, if your children learn this strategy at a young age, they may never have financial difficulties. They will have the tools to set themselves up for income and wealth far before they are ready to retire.

Keep in mind that I cannot teach you or your kids how to save. If you would rather buy a new car at the expense of putting money away, I can’t and won’t attempt to fix that. This book is for the people who already know how to save and are trying to make that money work as hard as they do.

As far as saving money is concerned, the only advice I’ll offer can be found in one of my favorite finance books, The Richest Man in Babylon, by George S. Clason. In that book, first published in 1926, Clason writes: “For every ...