I am happy to announce that this year's dividend e-book has just been launched. It's title is THE TOP 40 DIVIDEND STOCKS FOR 2010: How to Generate Wealth or Income from Dividend Stocks.
The book follows a similar format to last year's. It has grown by about eight pages to allow for updated discussions, new examples, and several new features. The new features include:
--A glossary of dividend terms. Not sure what "ex dividend" really means? Now you'll know.
--A more complete discussion of my own Dividend Portfolio. This portfolio, which is tracked monthly on my Web site, is based on the investment strategies and stocks in the annual TOP 40 series. It does not invest in all 40 stocks. Rather, it is a "demonstration portfolio" designed to illustrate the use and application of the principles and stock picks in the TOP 40 series. It is a real-money portfolio, with real costs, funded with my own money. It is not a hypothetical or model portfolio, nor a phonied-up "backtest." The money has been and will continue to be invested in real time.
--A modification to the scoring system. The changes this year place a little more emphasis on higher-yielding stocks without adding appreciably to risk.
--A discussion of what to do with stocks purchased from 2009's list that did not make 2010's list. This is the most important new feature. There are many reasons that a stock on 2009's list did not make 2010's list. For example, a couple of good stocks fell off the list because price run-ups caused their yields to drop below minimum requirements. But if you bought them in the past, you have already locked in better yields, and as long as the stock keeps raising its dividend, there's no reason to sell it. It is doing exactly what you want it to do.
For a complete description of the new TOP 40 DIVIDEND STOCKS FOR 2010, just click on the cover image in the right-hand column.
As always, whatever your investing philosophy--from fast trading to slow-but-steady growth through dividend investing--best of luck in 2010 and always.
Dave