Synopses & Reviews
Synopsis
In 2001, after an investment adviser lost $300,000 of Ian MacDonald s money, he took what was left and self-managed it. His investment objective was to build a stock scoring program that would give him an annual dividend income worth 6% of his portfolio, while increasing the value of that portfolio every year by about 9% (his background was in building commercial risk scoring computer programs for the banks and other businesses). He succeeded in his objective. While he had developed that stock scoring program for his own use, in 2019 he used it to help an elderly lady who had suffered a catastrophic financial loss, due to am investment adviser s greed. After much of her loss had been recovered and her monthly income had doubled, she told Ian MacDonald that he needed to write a book to help people like her who knew little about investing and could easily be taken advantage of . He wrote that book. It is called, "Income and Wealth from Self-Directed Investing".He includes that PC stock scoring program with his 300 page book. To further help investors, in the last 100 pages of the book, are charts listing all the companies traded on the TSX that pay a dividend of 3.5% or more. Four sorts of the data in these charts is provided: by score, stock price, dividend percent and by company name. The data sorts make it easy and fast to identify and weigh which stocks are the best ones to add to your portfolio. Like the elderly widow, there are many who fear that they will outlive their life savings? They feel forced to use investment advisers because no one has shown them how to invest safely. Ian MacDonald s book takes away the fear of investing by explaining, the following in easy to understand language: (1) The danger of entrusting your money to an investment adviser whose fees and hidden agenda could drain your savings.(2) Why investing in dividend paying common stock is the safest way for you to invest, as compared to bonds, mutual funds, etc. (3) How to open an online self-directed stock trading account without having to involve bank employees.(4) How to easily find for your portfolio the best twenty stocks for capital gain and the highest dividends.(5) How to find and sort potential stock purchases from best to worse, so you can pick the twenty best and safest.(6) How to verify that stocks have no harmful information attached to them that could potentially be a problem if purchased.(7) How to purchase a stock you have carefully chosen, in less than five minutes.(8) How to quickly and easily monitor your purchased stocks on a daily, monthly and quarterly basis.The stock market is not a casino and what Ian MacDonald teaches is not a get rich quick scheme. It is a logical, easy to understand method of investing. Since implementing his scoring system, his portfolio has grown by 300% while generating a steady ever growing retirement income. He thinks every investor should now know exactly what they are invested in and understand why they are invested in it. Through booming times and recessions there is no reason your self-directed portfolio can not generate a reliable monthly income and grow year-after-year.
Synopsis
COMMENTS BY READERS"This book provides an education in investing, for those who want to take control of their own money. You'll learn how to choose stocks for your own self-directed portfolio. A software program is also available, free, with the purchase of this book.... Ian MacDonald will show you how to choose 20 stocks for your portfolio, each yielding at least 6% in annual income. The income from your chosen stocks will provide a comfortable retirement. This is more than just another self-help book. It can be a lifesaver."...ALLAN***"...some great advice and very easy to follow....The school system should make it a mandatory read by at the least grade ten or twelve. Chapter 11 is worth the price many times over as a life lesson for young folks. I wish I had seen chapter 4 many years ago...You must be a very patient man to have researched and written chapters 13 to 16.....WAYNE***"...This book is great.... Thank you for the great insight "......GENE***...."My son has bought your book on my recommendation as I am helping him get his savings and investing in better order. "...WAYNE***....I find your approach to investing pragmatic and easy to follow....GENE****************************************...I have not put your book down I since started reading it...ANDREW***"...I am already a DIY investor ... and will use your scoring system to double check against my current stock picks.... I'm interested to apply the scoring to my US stocks."...GORDON***...Finally, I have found the way to reorganize my investments... It fits my investing style and goals perfectly. I have been a self directed dividend/growth/value investor for the last 5 years after bailing out of advised management provided by various firms since about 1998...."..ROBERT***"... I was trying to find an adviser who could review my portfolio and provide self guidance. I found that most advisers are either Asset Under Management, Brokers, Insurance or Annuity salesmen. They either charge a big fee to manage or upfront fee to purchase an insurance or annuity policy. I found a few people online who really want to educate people. Here are a few I follow: Paul Merriman, Chris Pedersen, Michael Kitces, Roger Whitney and now Ian MacDonald ...RON***...'I purchased this excellent guide in January 2020 (appropriately enough since your book makes the investor see better) ....DAVID***.... your book as a dividend investor it makes a lot of sense....BOB***INCOME AND WEALTH FROM SELF DIRECTED INVESTING- Want a steady 6% dividend income with a 9% annual capital gain?- Afraid that you will outlive your life savings?- Want to know how to invest in the stock market safely?- Want to understand why your investment portfolio has lost money?In easy to understand language, Ian MacDonald reveals the concerns you should have about entrusting your money to investment advisors. He explains why self-investing, is the safest, least expensive way to invest. Step-by-step he shows you how you can realize an annual 6% income while your portfolio continues to grow year-after-year. The basics are explained in detail: -How to open an online stock trading account.-How to find the best 20 dividend paying stocks for your portfolio.-How the book's scoring tables to identifies the best growth and dividend stocks.-How the FREE PC scoring software confirms that a stocks is the right one to buy.-How to buy your verified stocks.-How to easily and quickly monitor your purchased stocks.A LOGICAL, EASY TO UNDERSTAND INVESTMENT SYSTEM.Facing a bleak retirement, after an investment adviser lost half of his life savings, Ian MacDonald took back control of his money. First, he opened a self-directed stock trading account. Next, he designed a stock scoring computer program. was based on the same principles he had used to build a successful commercial risk scoring system for major corporations. Resulting in great growth and income.