Dividend investors remain unshaken even in times of crisis and recession!
The Miraculous Dividend Investing Bible: Generating 129 Annual Returns of Approximately 30 Million Won

Why "dividend stock investment"? If you've ever invested in stocks while working, you've probably secretly checked the order book in the bathroom at least once.
The stocks I invested in fluctuate by several percent every day, and that's understandable.
On volatile days, months' worth of paychecks fluctuate frequently.
Will things get any better? If you keep checking your stock app, you'll experience what's commonly called "getting lost in the order book."
Looking at numbers that change in real time can make you feel confused and cloud your judgment.
That's when you should start investing in dividend stocks.
The perfect investment strategy for busy office workers is to find and hold on to undervalued stocks among high-dividend stocks.
Investing in dividend stocks provides a steady monthly cash flow, much like a salary, and provides psychological stability, allowing anyone to achieve long-term results.
Additionally, you can maximize the compounding effect by reinvesting dividends back into dividend stocks.

It is often said that salary is like a 'drug'.
If you persevere every day, one day out of the month will bring you a very pleasant moment.
The author received 129 dividend payments annually in 2023, or about once every three days, earning a total dividend income of 26.8 million won after tax.
This book contains the author's know-how in consistently outperforming the market by selecting undervalued stocks, focusing on high-dividend stocks, and purchasing them during periods of falling stock prices.
For busy salaried workers, this book comprehensively covers the basics of dividend investing, including how to find good dividend stocks, portfolio construction know-how, tax-saving strategies, and the mindset for beginner investors.
We also introduce U.S. dividend kings, dividend aristocrats, domestic and international dividend growth stocks, high-dividend stocks, and select and offer a variety of stocks, including monthly dividend ETF products.
There are countless ways to achieve financial freedom, but the most comfortable one is simply investing in dividend stocks.
By following this book, you too can build a framework for earning a second salary for life, stress-free.

If you invest 1 million won in a dividend stock with a 5% dividend yield and earn 50,000 won a year, it's not a lot of money.
But when the principal grows, the story changes.
If you invest 100 million won in a dividend stock with a 5% dividend yield, you will earn 5 million won in a year.
If you invest 100 million won in various stocks and set it as a monthly dividend, you will receive about 600,000 won in dividends per month.
Doesn't it feel a little different?
--- p.30

A look at Berkshire Hathaway's recent portfolio reveals a clear commonality.
Most of these stocks, including Apple, the largest technology stock, as well as Bank of America, American Express, Coca-Cola, and Chevron, are known for consistently paying dividends.
Those dividends became Berkshire Hathaway's earnings, and by investing those earnings in other stocks, it was able to beat the S&P 500.

--- p.97

If you compare only the returns, the S&P 500 appears superior, but the biggest advantage of the All-Western Portfolio is that it allows for a 'stable investment.'
Over the past 20 years, the MDD has been much more stable, at -19.27%, compared to the S&P 500's -50.07%. A good MDD indicates a relatively safe holding period, even during downturns.

--- p.147

If you should focus on high-dividend stocks during low-growth periods, you should focus on dividend growth stocks during economic recovery periods.
As the economy moves from a low point to a recovery phase, companies' performance improves, creating room for dividend increases.

--- p.196

Since our focus is dividends, if you're considering a dividend-focused ETF, SUD could be the answer.
Similar dividend-related ETFs include DGRO, SPYD, and HDV.
If you want to include big tech companies, let's also look at DGRO.

--- p.209

When looking for companies with low PERs and PBRs and high dividend yields, traditional industries like telecommunications and finance stand out more than companies with sustainable growth potential.
Investing in these companies will likely be difficult, if not impossible, to achieve multiple-fold gains in just a few years. However, with consistent dividends, you can join a system where money makes money.

--- pp.272-273