Podcast 73 The Importance of Being Able to Recognize Whether an Investment Has Merit

Send us Fan Mail Podcast, 73, warns of how not fully understanding how your money is being managed by a financial advisor can leave you penniless. Examples are provided of professional athletes with million dollar incomes becoming insolvent within a few years after their playing days are over . Even if you have no intention of becoming a self-directed investor, it is critical that you understand enough about any proposed investments to recognize whether they have merit or not. In a departure from the usual format. You will find towards the end of the podcast a special feature for those who enjoy reading novels. Ian MacDonald is in the process of transcribing his first novel, DUEL, into an audio book that will be available later in 2022. He has attached the first chapter of that novel. This story of action and intrigue deals with a confrontation between the United States and the People's Republic of China, when China sets out to establish a naval base on a Caribbean island. For almost 200 years no foreign power has dared to confront the United States dominance of the Caribbean. A print copy and e-book format of DUEL is immediately available from amazon.com. In this podcast the author, Ian MacDonald, finishes reads the remainder of Chapter Four from his first Investment Book "Income and Wealth From Self-Directed Investing" . He also answers the following 5 questions received in the last week. (1 Why don't all companies pay dividends to their investors? (2) Why do markets stop falling and start rising? (3) What career would you choose to prepare you to be a successful investor? (4) Why do investment advisor contracts contain clauses that state, "the advisor is not responsible for any loss that might arise from following the advise" ? (5) Would you buy a penny stock ? The objective of these podcasts is to turn all investors into successful self-directed investors who are shown how financial independence can be achieved by investing in the common shares of financially strong companies paying high dividends. For more insights into stock scoring and to obtain a wealth of investment information, go to, www.saferbetterdividendinvesting.com. There you will find book reviews, PowerPoint videos, stock scoring software and other investment aids. All of Ian's four investment books are available from amazon.com as e-books or in print. American High Dividend Handbook Canadian High Dividend Handbook Safer Better Dividend Investing Income and Wealth from Self-Directed Investing *Those purchasing the investment books can also request his stock scoring software at no additional charge. It helps you quickly and easily create strong dividend portfolios If you like fast moving, entertaining, adventure stories, check out his three novels at amazon.com: Beware the Abandoned Using Drought USA Duel If you are interested in his art, visit his Fine Art America website a https://fineartamerica.com/profiles/ian-macdonald and scroll through 2,300 of his paintings, photos and digital art Please direct any questions to [email protected] or to Ian's phone numbers Toronto (416) 245-4994 or New York (929) 800-2397 Ian Duncan MacDonald Author and Commercial Risk Consultant, President of Informus Inc 2 Vista Humber Drive Toronto, Ontario Canada, M9P 3R7 Toronto Telephone - 416-245-4994 [email protected]