The Single Best Investment: Creating Wealth with Dividend Growth
Founder, President, CIO, Director of Research for Miller/Howard Investments
January 27, 2007
This witty guide advises readers to stop playing the stock market or listening to television gurus and instead put their money into dividend-paying, moderate-growth companies that offer consistent returns and minimum risk. Citing statistics that show companies initiating and raising dividends at the fastest rate in 30 years, this analysis declares once-stodgy dividends to be "the next new thing" and provides simple rules for choosing the best stocks, using traditional evaluation tools, reinvesting dividends, comparing stocks and bonds, and building a portfolio. Technical aspects of the stock market are explained in the final pages that include two new chapters and revised statistics as well as academic studies, historic back-tests, examples of real-time performance, and a list of resources for further research.
Lowell G. Miller is Founder, President, Chief Investment Officer, and Director of Research for Miller/Howard Investments. He holds an undergraduate degree from Sarah Lawrence College, and a Juris Doctor from New York University School of Law. He began his studies of the securities markets while still an undergraduate, and has continuously pursued the notion of disciplined investment strategies for over twenty-five years. He is the author of three acclaimed books on investing, The Perfect Investment (E.P. Dutton and McGraw-Hill, 1984), The Momentum-Gap Method (G.P. Putnam's, 1978, named "Stock Market Book Of The Year" by the Hirsch Organization), and The Single Best Investment (Second Edition, Independent Publishers Group, 2006). He has also written on financial subjects for The New York Times Magazine as well as editing the periodical Investment Values. Lowell was a featured guest on Louis Rukeyser's Wall $treet Week and CNN-FN, and he's often quoted in the press.