sonotme said:Hey guys
This is my first post here I would like to know what books I should read (I like audio books so any I can get on cd I would really like to know) before starting playing around with stocks.
Thanks so much
Rowan
Realist said:The world is full of investors who've studied the investment philosophy of Ben Graham and Warren Buffett and who purport to believe it, but who lack the stomach to actually implement it in the real world.
dealova said:Did you successfully implement it ?
Realist said:I have started well, just another 20 to 30 years to go.
I hold some good stocks that I really wanna hold forever.
Seriously how much is WDC and FGL gonna be worth in 30 years if all dividends over that time are reinvested and I never sell, so no taxes?
It is a marathon race, and I've yet to pass the first mile....
Realist said:The best investment book ever is "The Intelligent Investor" by Ben Graham.
Why no taxes? regardless of wether you reinvest or take the dividends,you still have to declare them on your tax return.Realist said:if all dividends over that time are reinvested and I never sell, so no taxes?
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