Stocks are fun! (ePub)

Stocks are fun! Achieving financial freedom with dividends Earlier generations invested in stocks because they had an income that never ran dry. In contrast to investors, who bet on price increases, wealthy people of all ages buy dividend stocks, and they consistently reinvest either the regular distributions, or they use them as income in their old age. In this first part of the series of books on stocks, the author shows how investing in dividend stocks can, over time, lead to a significant accumulation of wealth that an individual can live on for decades, even in old age. Table of contents Part 1: If it is not fun, you will not hold out Why shares are fun! Why you should become an income investor Why dividend income offers more security than your job What you need most when you get older: A regular income! Why you need to understand the term "cash flow" if you want to become financially independent Why your bank advisor does not recommend that you become an income investor As an income investor you are (and remain) involved in economic life Part 2: Introduction to the World of Dividends What are dividends? Why do companies pay dividends? When will the dividends be paid? What is the dividend yield? What is the payout ratio (dividend payout ratio)? Why should you invest in dividend stocks? Ordinary people who have become millionaires, thanks to dividends What is the compound interest effect? High dividends or dividend growth? Which sectors pay the highest dividends? Part 3: How do I prepare for income investment? How much should I save? How do I set up a Watchlist? What shares does Warren Buffett buy? Why I prefer American stocks Who are the dividend kings? How to open a broker account? What is the security identification number? Which dividend shares should I buy now? How does the Dollar Cost Average Method work? What is a dividend reinvestment plan (DRIP)? Why monthly payers are interesting How often should I check my shares? What to do if the stock market crashes? Part 4: Alternatives to shares What are Real Estate Investment Trusts (REITs)? What are Business Development Companies (BDCs)? What are dividend ETFs? Part 5: How much do you need to save, in order to reach your financial goal? Example 1: Anita, nurse, 52 years Example 2: Michael, student, 22 years Example 3: Matthias, branch manager at Aldi, 33 years Part 6: And finally, the taxes