Paul Belanger Book Evidence Based Wealth

[ppnewbie]

I am a fan of Paul Belanger (BelangP youtube channel). Just got his book and so far so good. Still gettting through the basic economics and monetary policy stuff in the first few chapters but do not want to skip over it. Its a good refresher.

[Jack Jones]

I am a fan of Paul Belanger (BelangP youtube channel). Just got his book and so far so good. Still gettting through the basic economics and monetary policy stuff in the first few chapters but do not want to skip over it. Its a good refresher.

It's a good one. I've returned to it several times, which is more than most investing books I read.

[dualstow]

I wish I had striven harder for the 100-ounce goal he mentioned in a youtube video.

[yankees60]

I wish I had striven harder for the 100-ounce goal he mentioned in a youtube video.

Here it is:

https://www.perplexity.ai/search/what-i ... arHd_Dkw#0

[Hal]

Agree, it was an interesting read.
My opinion fwiw,
1. If you are going to live off dividends and pass your portfolio down to your heirs, its a good approach
2. If you have no heirs and plan to spend down your portfolio, then the Permanent Portfolio is a good approach

[dualstow]

that meme is perfection. So true!

[Jack Jones]

But what you get with the dividend approach is that the corporate executive managers themselves are using their knowledge to help you decide how much corporate income can be spent without sacrificing the future operations of the companies. In other words, selecting solid mature companies and only spending the dividends shifts the problem of how much you can spend from you to the executives that are hired to run the businesses.

[dualstow]

I started with a dividend approach before Bogleheads. It just seemed like a ‘can’t lose’ approach and it probably is. However, I’ve pared those holdings down over the years to buy index funds, which did way better. So dizzy Hank may have a point.

I still appreciate the yield on what’s left. Now that I’m ready for the market to crash (again), those simple dividend aristocrats look attractive again.