Hello and Welcome. This page is a collection of 10 quotes from Dividend Investing book by Jenny Harrington that I liked and saved while reading this book. I hope you will like these quotes too.
By the way, I am Deepak Kundu, an avid book reader, quotes collector and blogger.
Dividend Investing Quotes
- Dividend income provides emotional comfort, emotional comfort encourages good investment behavior and good investment behavior creates superior long-term returns.
- Investing for dividend income can provide an investor with the warm, cozy blanket of reliable cash in their pockets through thick and thin. The comfort of knowing that you do not need to make an active decision to sell stocks for cash to be deposited in your investment account – regardless of a bull or bear market; regardless of if you are hard at work at the office, relaxing at home or on a cruise in the middle of the ocean – can be immensely useful and, I believe, encourages the type of superior investment behavior that correlates to excellent long-term investment returns.
- One of the most important yet difficult to overcome elements of successful investing is suppressing subjectivity and prioritizing objectivity.
- While risk and the potential loss of capital are always a reality when investing in stocks, the thorough, disciplined application of an intelligent research process is the best way to avoid as many disasters as possible. Of course, some scoundrels will slip through the cracks, and that’s okay; but, as with everything in life, doing your homework is critical to a positive outcome.
- Many individuals’ portfolios are like their closets: storage units for dozens of dated, useless, squirreled-away pieces of clothing that no one in their right mind would still own, but for some detached-from-reality sentimentality.
- Investing is not black or white, but nuanced and demanding of additional research, thought and contemplation before action is taken.
- Historically, the market generates a positive return in three out of four years, yet on average declines by over 10% at some point in any given year. The most important part of having a successful investment portfolio is not to get rattled along the way and cash out at the market peaks or bottoms.
- The beauty of investing is that it is an endless process of discovery. With each mistake made, with each value trap stepped on and even despite each mistake being unique in itself, learning continues and the future promises fewer such mistakes. With fewer mistakes come better returns – and thus, the beauty of compounding again reveals itself: not only do compounded returns generate long-term wealth, but compounded knowledge improves long-term returns!
- To many money managers, generating market-beating performance is a game and their clients’ portfolios are merely the vehicle through which they can cobble together the price of entry to play. But to other money managers who know whose money they are actually managing, who genuinely know the people and families who rely on them, portfolio management is a pragmatic endeavor that requires stringent ethics, perpetual education and immense effort; and that must be treated with the utmost sobriety, seriousness and gratitude.
- An appropriately sized, well-structured investment portfolio is like sailing on an ocean liner, where neither low tide nor a bear market should interrupt whatever you are doing and enjoying.