Be a Dividend Millionaire by Paul Rubillo

Email  Print Print  

Be a Dividend Millionaire by Paul RubilloBe a Dividend Millionaire by Paul Rubillo is not just a book about dividend investing – there are a million of those. Be a Dividend Millionaire is a personal finance book that shows you how to integrate dividend investing as a way of building wealth on top of a solid foundation that everyone needs to have.

What I like most about Paul Rubillo is his background, which he shares with you in the preface of the book. He isn’t some classroom educated CFP who analyzed stocks for thirty years and felt like putting out a book on dividend investing. He’s a regular guy who worked regular jobs from delivering mail to collecting trash to running a successful deli in New York City. He started to learn about financial planning and investing, turning that expertise into and now this book. These are lessons borne out of experience, not a textbook, and he makes it easy for regular folks like you and me to understand.

I expected the book to be entirely about dividend investing, as the title seems to suggest, but I was pleasantly surprised to discover that it’s actually much broader than that. The book starts with a look at your household finances and a discussion on Rubillo’s Ten Step Plan to Financial Stability. The Ten Step plan establishes a strong financial foundation that you need before you look towards investing in anything, dividend stocks or otherwise. It moves on to discuss investing in more general terms, how to watch Wall Street, and then, Chapter 5, it gets into picking stocks.

So after all these chapters on personal finance and broader investing, you get to the namesake of the book – dividend investing (chapter 7). It’s part discussion of the merits of dividend investing (compounding returns, reinvesting) and part discussion of execution (checking dates, watching dividend growth), all written in very easy to understand language without the monotony of a million charts and tables that are outdated the moment they are printed (there are both charts and tables but they exist to illustrate a point).

Overall, the book is like a personal finance book that dovetails into dividend investing and how it can provide future wealth. When I picked it up, I expected it to be a book focused on dividend investing entirely, having seen “dividend millionaire” in the title. I liked that it was much more than that because without a solid financial base, you can’t successfully invest in anything.

You can’t get the book yet but when it comes out (it’s published by FT Press and comes out May 12, 2011), I’d definitely check it out if dividend investing is something you’re interested in.

{ 5 comments, please add your thoughts now! }

Related Posts

RSS Subscribe Like this article? Get all the latest articles sent to your email for free every day. Enter your email address and click "Subscribe." Your email will only be used for this daily subscription and you can unsubscribe anytime.

5 Responses to “Be a Dividend Millionaire by Paul Rubillo”

  1. Paul Rubillo says:

    Hi Jim,

    Thanks for the great review. I am so happy the book has resonated well with you. The idea of writing a book that can easily explain how to find the money you need (through personal finance tips) to then putting the money to work in low risk, high return investing strategies (dividend stock investing has averaged annual double-digit returns for 80 years plus) was my goal from day one. E-book will be out in mid-February and the print version will be out May 12. Thanks again Jim!

  2. zapeta says:

    Sounds like a great book! I’m really starting to take an interest in dividend investing and I will check the book out when it comes out (unless someone wants to give away a promotional copy right now)!

  3. BrianC says:

    I’ll definitely check this one out. Thanks for the review!

  4. scdavid says:

    Sounds great! Thanks Jim.

  5. bmc says:

    Watch this space, as they say – and I will be.

Please Leave a Reply
Bargaineering Comment Policy

Previous Article: «
Next Article: »
Advertising Disclosure: Bargaineering may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website.
About | Contact Me | Privacy Policy/Your California Privacy Rights | Terms of Use | Press
Copyright © 2016 by All rights reserved.