Dividends still don't lie: the truth about investing in blue chip stocks and winning in the stock market

In 1988 Geraldine Weiss wrote the classic Dividends Don't Lie, which focuses on the Dividend Yield Theory as a method of producing consistent gains in the stock market. After the market crash of the late 1980's, the book was a large success. Investors were looking for safety and transperancy, and dividends offered the yields investors desired. Despite the advent of new technologies and the ability of investors to access information on an unprecedented basis, the old school approach of using the dividend yield to identify values in blue chip stocks still outperforms most investment methods on a risk-adjusted basis. That is the primary purpose of writing Dividends Still Don't Lie. Written by Kelley Wright, Managing Editor of Investment Quality Trends, with a new forewordby Geraldine Weiss, this book teaches a value-based strategy to investing, one that uses a stock's dividend yield as the primary measure of value. Because price on its own, without other factors, means nothing, an investor must find some way to determine whether the price of any given company is high, low or just about what it should be. Even though most investors put their money in themarket with the hope of reaping a good rate of return, the most tangible source of return, the dividend, is too often underemphasized in this process. According to the dividend-yield theory, the price of a stock is driven by its yield. When a stock offers a high dividend yield, investors will buy, which pushesthe price up and gradually erodes the yield. When the yield falls, the stock is shunned, until an absence of demand allows its price to fall. It then descends to a price level at which, again, the yield is attractive to investors. Sorather than emphasize the price cycles of a stock, the company's products, market strategy or other factors, this book stresses dividend-yield patterns. Investors will learn to buy and sell when dividend yields instruct them to do so. The dividend yield lets the investor know, with very little doubt, when a share's price is genuinely high, low or on the move between those two points.Kelley Wright is Chief Investment Officer and Portfolio Manager at IQ Trends Private Client Asset Management, a registered investment advisory company. Additionally, he is Managing Editor of the Investment Quality Trends newsletter. His career in the financial services industry began in 1984 as a Registered Representative and Registered Principal for both major wire houses and private boutiques. Since 1989 Kelley has been a private money manager and has served asChief Investment Officer to three investment management firms. In 2002 Kelleywas handpicked by the legendary Geraldine Weiss to succeed her as Managing Editor of the number one rated INVESTMENT QUALITY TRENDS newsletter she started in 1966. Kelley is an active lecturer nationwide at trade shows and investmentconferences, a contributor to MSN Money Hot Stocks Blog, and frequent guest on both television and radio. He has been published by BARRONS, BOTTOM LINE PERSONAL, BUSINESSWEEK, FORBES, THE ECONOMIST, MARKETWATCH.COM, and many other business and financial periodicals.

• ISBN: 978-0-470-58156-8
• Editorial: John Wiley & Sons
• Encuadernacion: Cartoné
• Páginas: 209
• Fecha Publicación: 26/03/2010
• Nº Volúmenes: 1
• Idioma: Inglés