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The Power of Dividends

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Uploaded by on Oct 22, 2007

David Driscoll, Portfolio Manager, explains why dividends should not be overlooked when managing your portfolio.

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  • Track your dividend stocks using the iDRiP app at the AppStore and retire as early as possible!

  • Dividends are great, I love them. But im tired of work getting screwed. Work is taxed about 300% higher than anything else (cap gains dividends). The highest tax rate is not just on wage earners, but self employed, small business, they pay far higher rate. Why? Small business risks-- and employ people. Yet my cap gains in China dont. Nor do my dividends from Canada. Just tax all income alike, let the market work.

  • Dividends are great, I love them. But im tired of work getting screwed. Work is taxed about 300% higher than anything else (cap gains dividends). The highest tax rate is not just on wage earners, but self employed, small business, they pay far higher rate. Why? Small business risks-- and employ people. Yet my cap gains in China dont. Nor do my dividends from Canada. Just tax all income alike, let the market work.

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