– Nick Murray, author of Simple Wealth, Inevitable Wealth
“In three-decade baby boom retirements, the only rational investment objective isn’t income; it’s growth of income. Your income has to keep rising on at least the same trajectory as your living costs, or you’ll run out of money. No problem: the dividends of mainstream equities have, in the aggregate, been increasing at almost twice CPI inflation for as long as any of us have been alive. And wait, there’s more: to the extent you can live on those rising dividends, your patrimony can continue to grow for your heirs. Yet it isn’t too much to say that the immense power of dividend growth has always been the least understood, most underappreciated phenomenon in investing. Well, not anymore: investors of all ages will find David Bahnsen’s pellucid and highly readable tutorial a life-forwarding experience.”