The Single Best Investment
Creating Wealth with Dividend Growth
By LOWELL MILLER, President, Miller/Howard Investments
Award-winning author and top-rated portfolio manager Lowell Miller shares the secret to long-term investment success.What IS the single best investment?
It’s a select group of sound, moderate-growth companies that offer consistent returns, minimal risk, and values that fluctuate far less than the market average. In his revised and updated classic, The Single Best Investment: Creating Wealth with Dividend Growth (Print Project, Second Edition), Miller shows how to find, buy, and hold on to these high-quality, low-maintenance stocks. It's the very approach he uses with his firm’s over $7 billion under management.The SBI approach is “old school.”
It’s based on the eternal truth that good companies care for their shareholders by paying dividends and increasing dividends. The longer you hold on to such stocks, the greater the impact of dividends and their reinvestment. Most investors don’t realize that over the long term, dividends and reinvesting dividends may account for 90 percent or more of your total returns.
Miller reduces the problem of accumulating wealth to a simple set of rules that any investor can follow. In his witty, literate prose, he explains a proven, step-by-step way to identify the best companies to invest in and, importantly, how to hold on to these stocks for many years, worry free.
Readers also learn:
- How to stop playing the market and start being true, long-term investors
- Why bonds and other ‚Äúsafe‚ÄĚ investments are poor choices
- How to pick SBI stocks using the tools investment pros use
- How to build a ‚Äúcompounding machine‚ÄĚ that multiplies your net worth again and again over the years
- How to keep a portfolio that requires a minimum of care and feeding
In a society filled with hype and an incessant torrent of financial “information,” it’s rare to come across a book as sane, insightful, and practical as this one. The Single Best Investment approach has created wealth for thousands of the smartest investors. Because it works in virtually every market condition, this is really, at last, the only investment strategy you'll ever need.