| My grandfather was conservative. He didn't like to speculate. He saw too many of his customers go against his firm's guidance and get blown up. He reminds me a bit of Warren Buffett when I think about the advice he gave me. The nuggets of wisdom that I remember most are these... My grandfather was a certified public accountant and owned two companies in his life. One was a steel company that he bought; the other was the brokerage firm that he started. I asked him what he knew about steel or running a brokerage when he began. He replied, "Nothing. I knew how to run a business." He hired steel and brokerage industry experts. But he was very talented when it came to taxes and finance. I've applied that lesson to the markets. Even though stocks can be used as trading vehicles, I buy the stocks of companies that are solid businesses and that are undervalued, have strong growth prospects, or both. I can picture him shaking his head in disgust had he been around during the dot-com boom, seeing people jumping in and out of stocks and assuming they were market wizards. He believed you buy great businesses and stocks and own them for years. Pretty simple. Like Buffett, he wanted his stocks to pay him dividends. By owning great businesses that paid dividends for years and years, my grandparents were able to enjoy a comfortable life in retirement. And the strategy allowed my grandmother to remain in their beautiful Manhattan apartment until she passed, more than 10 years after he did. Dividends are often (though not always) signs that a company is stable. Dividends can supplement your income or generate wealth when you reinvest them over time. And when you invest in Perpetual Dividend Raisers - stocks that raise their dividends every year - you ensure that you're getting more income each year. A "Wealth" of Knowledge I've read lots of books about investing, but without a doubt the greatest lessons I've learned were from my grandfather. Leading by example, he taught me how to be a husband, a father, and a man. Listening to him taught me some old-fashioned investing principles that are as effective today as they were when he was in the markets. The greatest compliment I've ever gotten has come from people who knew my grandfather: They told me that I would have made him proud. I try to follow his example every day of my life. As I share his conservative investing philosophy with all of you, I hope he's looking down and smiling. Good investing, Marc P.S. To help you get started with your portfolio of Perpetual Dividend Raisers, I've assembled a special collection of resources I like to call my Ultimate Dividend Package. The wealth-building secrets contained in these reports and videos are available to you for free (no credit card, no nonsense) if you watch my short video. Inside the package, you'll get my top dividend stocks and favorite strategies... so you can let your stocks PAY YOU while you sit back and enjoy life! Here's what you'll find inside: - How you can lock in an ULTRA-SAFE 8% yield
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