Chapter 4: Dividend Investing

Chapter 4: Dividend Investing
Author: Frugal Trader
Website: MillionDollarJourney.com
Background: Frugal Trader is a young family man from Newfoundland and well on his way to his goal of reaching $1,000,000 before age 35. He’s chosen to remain anonymous as he regularly publishes his full investment portfolio and returns on his website. One of the more popular financial blogs in Canada, he’s been noted in the Globe and Mail, Financial Post, National Post, Globe Investor, BNN, Toronto Star and Moneysense magazine.
Chapter Summary: Dividend investing is an alternative investment strategy to passive investing that was discussed in chapter 3. Rather than seeking the best long term rates of return, focus instead is placed on purchasing investments that produce regular dividends. These dividends can then act as an ongoing income stream. This style of investing is popular as it enjoys excellent tax treatment by the Canadian government.