The Hidden Power of Rising Dividends: How to Produce Security, Income, and Growth

The Dot Com Crash of the early 2000s came after investors were told for years that "this time things are different," trees can grow to heaven, and tech companies can only go higher. Investors soon learned that trees do not grow to heaven, never have and never will. In early January 2000, Cisco was selling near $80 per share; by the end of 2002, it was selling at under $10 per share, a nearly 90% collapse. This book explains how a small investment advisory firm in Evansville, Indiana, finally reached a point where it could no longer ignore how overvalued its models said the tech stocks were. They identified their nine most overvalued stocks among their 25 holdings and put in sell orders 15% below the prices at which they were selling. Author Greg Donaldson details the story of how all nine of the stop losses were triggered, ultimately avoiding huge losses for his clients and potentially saving his firm. The Hidden Power of Rising Dividends follows Greg as he embarks on a quest guided by wisdom and faith, to find a stock’s true value using a simple but powerful strategy. Donaldson’s timeless narrative is more than just a book on investing. It’s a personal journey, with engaging real-life anecdotes and dramatic insights that will both inform and entertain readers. The author eloquently weaves his discovery of a safe and financially rewarding investment strategy with the raw realities of building a trustworthy financial firm at the height of stock market hysteria. This story will inspire you to think about your own life in new and provocative ways…and teach you not only how to invest wisely but how to live life fully.
ASIN: B0D722DHC8
VSKU: PKV.B0D722DHC8.VG
Condition: Very Good
Author/Artist:Donaldson, Greg
Binding: Paperback
Note: Any images shown are stock photographs and product may differ from what is shown.
Condition Notes: Excellent condition with just a hint of character. Minor signs of love, but the pages are still clean and ready for adventure.