In part 1 of this episode, I interview Mark Seed, founder of the popular finance blog My Own Advisor. In this episode we cover:
– how Mark got started with dividend investing
– how a $500K investment with a 1% annual fee (MER) will cost over $395K after 20 years
– why Mark decided to take the DIY approach to investing
– why Mark focused on dividends
– the importance of getting paid to own shares
– why investor behavior is key
– what type of traits do you need to be a successful do-it-yourself investor
– how does Mark have the confidence to invest in dividends even when they are not guaranteed
– Mark’s approach to re-balancing his portfolio
Mark’s site: https://www.myownadvisor.ca/
Mark’s other site: https://www.cashflowsandportfolios.com/
