VST - The Simple Path To Dividend Wealth (What I'm Buying)
2025-05-31 08:05:00 ET
Summary
- The simple path to wealth is best achieved through disciplined, consistent investing in low-cost, broad-based dividend growth ETFs, prioritizing passive income over net worth.
- Recent court rulings striking down broad tariffs are positive for markets and reinforce the long-term benefits of free international trade for the economy and investors.
- Dividend growth investing outperforms over long periods, providing higher passive income and stability versus all-inclusive stock funds or chasing high-growth, non-dividend stocks.
- My hub-and-spoke model combines core ETF holdings with select individual dividend stocks, ensuring diversification, steady income, and leveraging personal expertise for portfolio resilience.
J.L. Collins' book The Simple Path To Wealth is one of those that I've never read, even though I feel like I've read it because of how familiar I am with the concepts of the book.
Collins compiles virtually all of the best, most commonsense wisdom on personal finance and combines it with a simple, low-cost, "get-rich-slow" investment method. Getting rich doesn't require genius. It just requires discipline and patience....
The Simple Path To Dividend Wealth (What I'm Buying)