Table of Contents
Praise
Title Page
Copyright Page
Dedication
Foreword
Acknowledgements
Table of Figures
Introduction
PART I - THE ART OF DIVIDEND INVESTING
CHAPTER 1 - First Things First
It’s All About the Cash
The Importance of Planning
Our Purpose
A Trusted Approach
CHAPTER 2 - The Case for Investing in Stocks
Investment Needs
Stocks, Bonds, or Cash?
The Case for Stocks
The Growth Rates of Stocks
Knowledge, Strategy, and Tactics
CHAPTER 3 - The Dividend-Value Strategy
The Two Paths of Stock Return
Measures of Value
Quality of Earnings
Rising Dividends Boost Share Price
Why Dividends Are So Important
Total Return Revisited
Quality Tells
The Natural Order
Dividends Still Don’t Lie
CHAPTER 4 - Quality and Blue Chip Stocks
Quality and the Stock Market
What Is a Blue Chip Stock?
The Criteria for Select Blue Chips
The Importance of Dividends
There Is No Profitable Substitute for Quality
CHAPTER 5 - Value and Blue Chip Stocks
Finding Good Value
The Bluest of the Blue Chips
The Faded Blues
Back to Basics
PART II - BARGAINS STILL COME IN CYCLES
CHAPTER 6 - Value and the Stock Market
Dividend-Yield Cycles
Undervalue and Overvalue Cycles
Bull and Bear Market Cycles
Dow Jones Industrial Average Cycles
The Dow Jones Utility Average
Value Cycles
Value Still Prevails
CHAPTER 7 - Finding Undervalued and Overvalued Stocks
A Sophisticated Approach
Undervalued Stocks
The Overvalued Phase
The Rising Trend
CHAPTER 8 - Value, Cycles, and the Dow Jones Averages
Charles H. Dow and the Dow Jones Averages
The Dividend-Yield Theory and the Dow Jones Industrial Average
A Long Blow-Off Top
The Walls Come Tumbling Down
The End Game
The Next Bull Market
PART III - WINNING IN THE STOCK MARKET
CHAPTER 9 - Developing a Successful Stock Strategy
Take Care of Your Business
Investment Goals
Know Your Limitations
Ideal Portfolio Size
Diversify, Diversify, Diversify
CHAPTER 10 - Building and Managing the Dividend-Value Portfolio
Macro versus Micro
Expansion and Contraction
Kaboom and Kabust
Recessions
Recovery
Politics and Markets
Don’t Fight the Fed
A Yen for Dollars, or Pounds, or Euros
Putting It All Together
Portfolio Tactics
CHAPTER 11 - The Stock Market and the Economy
The Stock Market
Industries and Stocks to Watch
The Economy
CHAPTER 12 - Questions and Answers
Dividends
Stocks
The Dividend-Value Strategy
CHAPTER 13 - Conclusion
Recommended Reading
About the Author
Index