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InvestED: The Rule #1 Investing Podcast

28- Dividends and Finding the Right Time to Buy Stocks

InvestED: The Rule #1 Investing Podcast

Phil Town & Danielle Town

Business, Investing

4.61.6K Ratings

🗓️ 20 October 2015

⏱️ 47 minutes

🧾️ Download transcript

Summary

After episode 26 we had promised to talk about dividends in more detail. We discuss what dividends are, how they’re paid out to owners, some Econ-101, can a company be recession proof, and if you should hold off on buying stocks right now. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Well, hi everybody, this is Phil Town. This is Danielle Town. And we're here for

0:08.8

Invested, our podcast about being mindful. And being invested.

0:13.0

Invested.

0:15.0

Mindful about investing.

0:17.0

Exactly.

0:18.0

And we're talking about Rule 1 style investing here, which was developed by Warren Buffett and which I've been doing for about 30 years and Danielle

0:29.0

30 years. Yeah, it's a long time. Gosh you're kind of? I know, you're old and gray.

0:34.0

And Danielle is an attorney that does emerging corporation law and has been my daughter for her whole life.

0:42.0

Well, that is true. Good point. So I feel like that

0:46.3

gives me unique capabilities to ask you a lot of questions. But the capabilities

0:51.8

don't want investing. The whole point in this

0:54.3

podcast is that Danielle's capabilities which are legend. Oh yeah they're

0:59.6

legend. Well you certainly are a legend when it comes to going to school. That's for sure.

1:04.0

Yeah, I've gone to a lot of school. But I don't think people really care about that.

1:07.0

No, they don't. I think that what they're interested in is this Rule 1 style investing and how we can make it work for people like me, which is people who aren't

1:18.7

really naturally interested but know we have to learn about it. So how do we make that work for us to the point

1:25.3

where it's even like something good in our lives and something that really adds to

1:29.7

it. So this is the thing, like you're really smart.

1:33.2

You have gone to the best schools around the world, I think, in my opinion,

1:37.3

NYU Law, Oxford for a master's degree, Wellesley for an undergrad, Colorado for a master's degree in law, and yet you don't

1:47.6

invest at all.

1:48.8

And you've lived with me much of your whole life.

...

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