In this first episode, I break down everything I know about dividend investing into five basic steps. These steps then form a solid foundation upon which everything else in my investment strategy is built. So if you're looking for a high-level overview of dividend growth investing, this is it.
Step 0: Think like a business owner (more of a foundation than a step)Step 1: Identify quality dividend growth stocksStep 2: Estimate fair value based on future dividendsStep 3: Buy stocks when there is a significant margin of safetyStep 4: Invest more into the best stocksStep 5: Diversify to reduce risk