The Single Best Investment: Creating Wealth with Dividend Growth

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 Miller is the author of The Momentum-Gap Method and The Perfect Investment and is the president of Miller/Howard Investments, Inc. He is frequently quoted in The Wall Street Journal and Barron's, has written for The New York Times Magazine, and appears on television business shows. He lives in Woodstock, New York.