Be a Dividend Millionaire – Review

Amazon recently had the book,Be a Dividend Millionaire: A Proven, Low-Risk Approach That Will Generate Income for the Long Term, available for free. Since I invest in dividends and I’d like to be a millionaire I downloaded a copy to my Kindle. The book is written by Paul Rubillo, the founder of Dividend.com, so I figured he would have some good information to share.

The first third of the book is basic personal financial advice. If you regularly read personal finance blogs than you will be familiar with this basic advice. There isn’t anything wrong with the advice but it isn’t anything new and doesn’t have anything to do with investing in dividend stocks.

Dividend Investing

The book does finally get around to dividend investing but it still has only one short chapter that is focused on dividend investing. The information it does provide is very basic and doesn’t provide the detail you would expect from a book about becoming a dividend millionaire. You can get a lot more information on dividend investing for free by downloading the free dividend investing book from the Dividend Guy blog.

A lot of the book is devoted to tales of how the author made a living as a day trader. These were interesting but didn’t have anything to do with investing and also didn’t include enough information to be of much help to those who are interested in trading for a living. This was a fairly short book and I was able to easily read it in one evening. I think the author might have skimped on the content in the book hoping that readers would visit Dividend.com for more information. It made me less likely to visit his dividend site. This wasn’t a bad personal finance book for free but if I had paid the normal $11.69 price I would have felt ripped off. In my opinion there are much better dividend books out there and I’d advise you pass on this one.

12 thoughts on “Be a Dividend Millionaire – Review”

  1. Well, if the book has a title like that, it should have some useable information on this subject in it. That might be the reason, why it was for free on amazon. For a beginner it might be good, though with all the basic info.

      1. Have you checked out “The Only Investment Guide You’ll Ever Need”? I liked that one a lot, because in addition to talking about investing, the first part of it talks about basic financial principles.

        1. I’ve heard of it but haven’t read it. I’m more interested in books on investing since I think I have a pretty good handle on basic financial principles. Of course there is always more to learn.

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