Welcome to Awe-Inspired and Retired! Would you rather be rich or wealthy? In this episode Caleb and Riley discuss what it means to be rich vs. wealthy and the impact each has on happiness in retirement.
Learn more about:Welcome to Awe-Inspired and Retired! Caleb and Riley discuss a popular ‘dividend income’ investing strategy. Dividend invests has many allures, like the ability to live off your dividends, and participate in both dividend income and growth of the shares. Some may feel dividend paying companies are the most stable and growth oriented companies. But what does the research say about this? With many years of stock market data and peer reviewed research let’s find out.
Learn more about:
- The research and data behind dividend investing strategies and why it was never meant to be an income strategy for retirees.
- The “free dividend fallacy” and why the dividend-only investing for retirement income is romanticized and is a non-sensical strategy
- The reasons to avoid dividend stock picking, and why it moves you towards a rubbish retirement
Memorable Quotes:
- “ In addition to being inefficient for portfolio construction, dividends allow retirement consumption to be directed by corporations rather than tailored to the preferences of each individual”
- “To the extent that a dividend focus results in a tilt away from smaller companies, dividend investors may be missing out on expected returns”
Resources:
- The Case Against Owning All Dividend-Paying Stocks in Retirement
- The pros and cons of dividend investing
Hosted by Caleb Miller and Riley Anderson of InvestorDNA
Meet Caleb and Riley
Book a Call
Subscribe on Apple Podcasts
Subscribe on Spotify
Subscribe on Google Podcasts
- Why financial celebrities like Warren Buffet believe there is a difference between being rich and being wealthy
- The impact of being rich and/or wealthy has on your happiness
- Insights from research on how we can be more wealthy and happy in retirement
Memorable Quotes:
“That man is richest whose pleasures are cheapest”
“People are consistently happier when they are out in nature, particularly near a body of water, but weather plays only a small role in happiness”
Resources:
How Investors Define ‘Wealthy’ Might Surprise You
The Rich Are Not Who We Think They Are. And Happiness Is Not What We Think It Is, Either.
Hosted by Caleb Miller and Riley Anderson of InvestorDNA
Meet Caleb and Riley
Book a Call
Subscribe on Apple Podcasts
Subscribe on Spotify
Subscribe on Google Podcasts
