The Great American Dividend Machine

Product DetailsThe Great American Dividend Machine
By Bill Spetrino
Humanix
Retail Price $24.99
Amazon Pric
e:  17.75

Book Description: 

Build the optimal, income-generating investment portfolio using the power of dividends to achieve absolute financial security. In The Dividend Machine, Bill Spetrino proves his investment philosophy will provide for a solid and secure financial future.

Traders who jump from stock to stock in the hunt for a major Wall Street score lose money or, at best, break even. That’s not an acceptable fate for the retirement nest egg. Instead, true investors trust in The Dividend Machine by taking Spetrino’s proven advice: “Keep investments boring and the rest of life fun and exciting.”

By valuing safety and income above all else, Spetrino guides the reader through the process of unearthing true bargains in the marketplace. Adhering to the author’s model, The Dividend Machine portfolio is made up of mostly large, multinational companies that are involved in diverse businesses.

The companies that pass Spetrino’s rigorous, multi-step vetting process must have a number of key characteristics, such as:

  • Resonant brand names
  • Strong, competitive advantages in their industries
  • Pristine balance sheets
  • Capital to help survive and thrive in difficult markets

Be among the tens of thousands of readers whom Bill Spetrino has been honored to help build their own Dividend Machines, which deliver dependable, growing income for life.

Review

This is the first book I ever read on investing. My cousin, who was a broker at Merrill Lynch, recommended it to me.  This is really about using money you already have to make money and then reinvesting the dividends to make even more.  The author does a wonderful job making this very readable for a newbie like myself.  He believes that you don’t  need to be a Wall Street analyst to uncover great investment opportunities and he shows you how to do it.  He also shows you how to use the power of common knowledge (what you already know) to your advantage and encourages the reader to keep an open mind to new ideas.   From his many tips and great advice you will learn the best  information to focus on and how to apply it.  This was a great book.

~Reviewed by David H.

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