It was much easier building an effective stock scoring system than it had been to build commercial risk systems. All the necessary information was easily available.
WHAT HAVE I PROVED OVER THE LAST 23 YEARS?
My portfolio is now several multiples higher than it was in 2000, despite my taking out a generous six dividend digit income every year. I am still investing some of my unneeded dividend income back into the portfolios. The financial advisor's nonsensical strategy of depleting 4% of my portfolio each year to live on, illustrates that the typical financial advisor has a very limited understanding of how businesses actually function.
In these 23 years, I have been through the 2008 and 2020 market crashes. As I had expected from looking at the historical dividend payout records of my strong stocks the impact of these market crashes was negligible. Several companied increased their dividend payouts during the crashes. Almost all of the share prices again climbed to new record highs.
AN 80-YEAR-OLD FIRST TIME SELF-DIRECTED INVESTOR
In 2018, a friend, an 80-year-old widow, who had been a successful entrepreneur, came to me for help. She had entrusted her considerable life-savings with a financial advisor. In three years, that portfolio had shrunk by several hundred thousand dollars. I reviewed her monthly investment statements and was appalled by what I saw. I showed her, over several months, how to invest the way I did as a self-directed investor. She quickly grasped the importance of the stock scoring software.
She has now not only recovered what she had lost but has doubled her income. Her stress and anxiety of outliving her savings has disappeared.
She pushed me to write an investment book to help people like her. I wrote that book. It is very much a story about how badly she was treated by the investment industry and how she followed my plan to manage her money. I completed that book in 2019. It is:
INCOME AND WEALTH FROM SELF-DIRECTED INVESTING
Like all my books, it is available as both an e-book and printed book from amazon.com. One reason she had pushed me to write the book was that she knew I had already written 3 novels. Writing novels is easy. Writing instructional books is not easy, however I enjoyed doing the research. It led to my seeing the need in 2020 for a new book to answer the many questions that investors who had read the first book brought to my attention. . The second book wa
SAFER BETTER DIVIDEND INVESTING
After completing this book I saw a need in 2021 for reference books that would provide much more information on each high dividend stock than had been provided in the first two books. So much information was now being provided on each stock that it required the material to be split into 2 books. One book concentrated on U.S. stocks and another on Canadian Stocks. These two books were:
AMERICAN HIGH DIVIDEND HAND BOOK
CANADIAN HIGH DIVIDEND HANDBOOK
The last book, produced in 2022, was the ultimate evolution of my strategy of making it ever easier for American investors to quickly build a strong, high dividend portfolio. Not only could you compare 11 subscores of a stock with the current year and the previous year but it showed share prices and dividend payouts from 1999 to the present, so you could see how these stocks were impacted by the 2000, 2008 and 2020 market crashes.
You should expect to go through a market crash about every 5 years. During such a crash you can relax, live off your dividend income and watch as your portfolio again returns to its upward trajectory. That last book is:
NEW YORK STOCK EXCHANGE'S 106 BEST HIGH DIVIDEND STOCKS - ANALYZED AND SCORED