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In part 1 of this episode, I interview Mark Seed, founder of the popular finance blog My Own Advisor. In this episode we cover:
- how Mark got started with dividend investing
- how a $500K investment with a 1% annual fee (MER) will cost over $395K after 20 years
- why Mark decided to take the DIY approach to investing
- why Mark focused on dividends
- the importance of getting paid to own shares
- why investor behavior is key
- what type of traits do you need to be a successful do-it-yourself investor
- how does Mark have the confidence to invest in dividends even when they are not guaranteed
- Mark's approach to re-balancing his portfolio
Mark's site: https://www.myownadvisor.ca/
Mark's other site: https://www.cashflowsandportfolios.com/
Learn more at: https://www.simplyinvesting.com/
Disclaimer: The views and opinions shared on this channel are for informational and educational purposes only. Simply Investing Incorporated nor the author and guests shall be liable for any loss of profit or any commercial damages, including but not limited to incidental, special, consequential, or other damages. Investors should confirm any data before making stock buy/sell decisions. Our staff and editor may hold at any given time securities mentioned in this video/course/report/presentation/platform. The final decision to buy or sell any stock is yours; please do your own due diligence. Stock buy or sell decisions are based on many factors including your own risk tolerance. When in doubt please consult a professional advisor. No advice on the buying and selling of specific securities is provided. For our full legal disclaimer, please visit our website.
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In part 1 of this episode, I interview Mark Seed, founder of the popular finance blog My Own Advisor. In this episode we cover:
- how Mark got started with dividend investing
- how a $500K investment with a 1% annual fee (MER) will cost over $395K after 20 years
- why Mark decided to take the DIY approach to investing
- why Mark focused on dividends
- the importance of getting paid to own shares
- why investor behavior is key
- what type of traits do you need to be a successful do-it-yourself investor
- how does Mark have the confidence to invest in dividends even when they are not guaranteed
- Mark's approach to re-balancing his portfolio
Mark's site: https://www.myownadvisor.ca/
Mark's other site: https://www.cashflowsandportfolios.com/
Learn more at: https://www.simplyinvesting.com/
Disclaimer: The views and opinions shared on this channel are for informational and educational purposes only. Simply Investing Incorporated nor the author and guests shall be liable for any loss of profit or any commercial damages, including but not limited to incidental, special, consequential, or other damages. Investors should confirm any data before making stock buy/sell decisions. Our staff and editor may hold at any given time securities mentioned in this video/course/report/presentation/platform. The final decision to buy or sell any stock is yours; please do your own due diligence. Stock buy or sell decisions are based on many factors including your own risk tolerance. When in doubt please consult a professional advisor. No advice on the buying and selling of specific securities is provided. For our full legal disclaimer, please visit our website.
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